Why I'm telling friends to avoid gold stocks

Back in November, gold made a tiny move of 1.6%. But according to my backtesting by using a special type of gold trade, I would have seen a 141% gain in just a week. It happened again in March. Gold nudged up 1.2%. This time? A 104% overnight gain. And in June? A 1% gold move turned into a 74% gain in two weeks. Granted, there would have been smaller wins and those that did not work out, but you see, there's a reason I'm telling all my friends to hold off from buying gold or regular gold stocks right now. There's a more lucrative way to play the gold market as we enter a new breakout period. It's all about catching what I call "Acceleration Cycles."

And if you’d like to get your hands on this, here you go, the complete breakdown.

Joshua Sapan Biography and Net Worth

CEO of AMC Networks

Joshua W. Sapan serves as President, Chief Executive Officer of the Company. President and CEO of the Company since March 9, 2011. Chief Executive Officer of Rainbow Media Holdings LLC since 1995. Chief Operating Officer of Rainbow Media Holdings LLC from 1991 to 1995. President of AMC and Bravo from 1987 to 1991. Serves on the boards of the Museum of the Moving Image, the Public Theater, The New School, People for the American Way, YC Public Radio, American Film Institute, NCTA Internet/Television Association and The Paley Center.

What is Joshua W. Sapan's net worth?: The estimated net worth of Joshua W. Sapan is at least $6.43 million as of May 3rd, 2021. Mr. Sapan owns 686,133 shares of AMC Networks stock worth more than $6,429,066 as of December 23rd. This net worth approximation does not reflect any other investments that Mr. Sapan may own. Learn More about Joshua W. Sapan's net worth.
How do I contact Joshua W. Sapan?: The corporate mailing address for Mr. Sapan and other AMC Networks executives is 11 PENN PLAZA, NEW YORK NY, 10001. AMC Networks can also be reached via phone at (212) 324-8500 and via email at [email protected]. Learn More on Joshua W. Sapan's contact information.
Has Joshua W. Sapan been buying or selling shares of AMC Networks?: Joshua W. Sapan has not been actively trading shares of AMC Networks during the last ninety days. Most recently, Joshua W. Sapan sold 40,000 shares of the business's stock in a transaction on Monday, January 3rd. The shares were sold at an average price of $36.67, for a transaction totalling $1,466,800.00. Learn More on Joshua W. Sapan's trading history.
Who are AMC Networks' active insiders?: AMC Networks' insider roster includes James Gallagher (EVP), Joshua Sapan (CEO), and Christian Wymbs (CAO). Learn More on AMC Networks' active insiders.
Are insiders buying or selling shares of AMC Networks?: In the last twelve months, insiders at the sold shares 6 times. They sold a total of 55,348 shares worth more than $888,957.18. The most recent insider tranaction occured on May, 23rd when insider Kimberly Kelleher sold 10,941 shares worth more than $188,404.02. Insiders at AMC Networks own 25.9% of the company. Learn More about insider trades at AMC Networks.
Information on this page was last updated on 5/23/2024.

Joshua W. Sapan Insider Trading History at AMC Networks

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
1/3/2022	Sell	40,000	$36.67	$1,466,800.00
12/1/2021	Sell	40,000	$37.32	$1,492,800.00
10/1/2021	Sell	40,000	$47.09	$1,883,600.00
5/3/2021	Sell	40,000	$48.57	$1,942,800.00	686,133
4/5/2021	Sell	39,980	$51.73	$2,068,165.40	748,897
5/29/2013	Sell	93,950	$66.95	$6,289,952.50

Joshua W. Sapan Buying and Selling Activity at AMC Networks

AMC Networks Company Overview

AMC Networks Inc., an entertainment company, owns and operates a suite of video entertainment products that are delivered to audiences, a platform to distributors, and advertisers in the United States, Europe, and internationally. The company operates through Domestic Operations, and International and Other segments. The Domestic Operations segment operates various national programming networks, including the AMC, We tv, BBC AMERICA, IFC, and SundanceTV; provides subscription streaming services comprising Acorn TV, Shudder, Sundance Now, ALLBLK, and HIDIVE, as well as AMC+ and other streaming initiatives; and engages in film distribution business under the IFC Films, RLJ Entertainment Films, and Shudder name. This segment also produces and licenses original programming for various programming networks, as well as services the programming networks. The International and Other segment operates a portfolio of channels under the AMCNI name; and production and comedy venues activities under the Levity name. AMC Networks Inc. was founded in 1980 and is headquartered in New York, New York.

Today's Range

Now: $9.37

$9.06

$9.51

50 Day Range

MA: $8.89

$7.66

$9.92

2 Week Range

Now: $9.37

$7.08

$19.55

Volume

1,263,485 shs

Average Volume

1,026,011 shs

Market Capitalization

$413.41 million

P/E Ratio

14.87

Dividend Yield

N/A

Beta

1.34