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.

David Lucchese Biography and Net Worth

EVP of Everi

David Lucchese is a proven gaming industry veteran with more than 30 years’ experience in the gaming and financial services industries. Dave joined the company in 2010 as Executive Vice President of Sales and has served in a variety of senior executive roles including Executive Vice President of Client Services supporting the combination of Global Cash Access, Inc. and Multimedia Games (MGAM) in 2014 and then as Executive Vice President of Games for this newly-acquired Games division from 2014 to 2017. Most recently, Dave was our Executive Vice President, Digital and Interactive Business Leader to lead the strategy and development of the company’s Interactive Division before moving into the role of Executive Vice President, Sales, Marketing & Digital in April 2020 to drive our spirit of innovation, operational efficiency and high customer integrity throughout his organization and the Company.

Before Everi, David spent 25 years in sales positions at Bally Technologies, Inc., Aristocrat Technologies, Inc., and Casino Data Systems. At each stop, David served in various sales leadership roles. His first position in the gaming industry — as a Sales Account Executive — was in 1989 with Bally Gaming.

David earned a Bachelor of Science in Marketing and Management from Indiana University.

What is David Lucchese's net worth?: The estimated net worth of David Lucchese is at least $7.34 million as of December 9th, 2024. Mr. Lucchese owns 542,928 shares of Everi stock worth more than $7,340,387 as of December 26th. This net worth estimate does not reflect any other assets that Mr. Lucchese may own. Additionally, Mr. Lucchese receives an annual salary of $446,390.00 as EVP at Everi. Learn More about David Lucchese's net worth.
How old is David Lucchese?: Mr. Lucchese is currently 65 years old. There are 7 older executives and no younger executives at Everi. The oldest executive at Everi is Mr. Michael David Rumbolz, Executive Chairman, who is 70 years old. Learn More on David Lucchese's age.
What is David Lucchese's salary?: As the EVP of Everi Holdings Inc., Mr. Lucchese earns $446,390.00 per year. There are 4 executives that earn more than Mr. Lucchese. The highest earning executive at Everi is Mr. Randy L. Taylor, President, CEO & Director, who commands a salary of $747,090.00 per year. Learn More on David Lucchese's salary.
How do I contact David Lucchese?: The corporate mailing address for Mr. Lucchese and other Everi executives is 7250 S. Tenaya Way Suite 100, Las Vegas NV, 89113. Everi can also be reached via phone at (800) 833-7110 and via email at [email protected]. Learn More on David Lucchese's contact information.
Has David Lucchese been buying or selling shares of Everi?: During the past quarter, David Lucchese has sold $613,016.48 in shares of Everi stock. Most recently, David Lucchese sold 45,476 shares of the business's stock in a transaction on Monday, December 9th. The shares were sold at an average price of $13.48, for a transaction totalling $613,016.48. Following the completion of the sale, the executive vice president now directly owns 542,928 shares of the company's stock, valued at $7,318,669.44. Learn More on David Lucchese's trading history.
Who are Everi's active insiders?: Everi's insider roster includes Ronald Congemi (Director), Dean Ehrlich (EVP), Linster Fox (Director), Geoffrey Judge (Director), David Lucchese (EVP), and Darren Simmons (EVP). Learn More on Everi's active insiders.
Are insiders buying or selling shares of Everi?: During the last year, insiders at the credit services provider sold shares 22 times. They sold a total of 521,936 shares worth more than $6,221,939.62. The most recent insider tranaction occured on December, 12th when EVP Darren Simmons sold 50,000 shares worth more than $673,000.00. Insiders at Everi own 6.4% of the company. Learn More about insider trades at Everi.
Information on this page was last updated on 12/12/2024.

David Lucchese Insider Trading History at Everi

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
12/9/2024	Sell	45,476	$13.48	$613,016.48	542,928
8/15/2024	Sell	400	$12.99	$5,196.00	588,404
8/13/2024	Sell	4,124	$12.99	$53,570.76	588,404
5/14/2024	Sell	3,024	$7.67	$23,194.08	340,846
3/3/2023	Sell	38,398	$18.61	$714,586.78	167,287
9/27/2021	Sell	50,000	$25.00	$1,250,000.00
11/9/2020	Sell	62,500	$11.11	$694,375.00	159,834
3/14/2020	Buy	5,000	$8.22	$41,100.00	77,585
8/17/2015	Buy	1,000	$5.35	$5,350.00	84,691

David Lucchese Buying and Selling Activity at Everi

Everi Company Overview

Everi Holdings Inc. develops and supplies entertaining game content, gaming machines, and gaming systems and services for land-based and iGaming operators in the United States, Canada, and internationally. It operates in Games and Financial Technology Solutions segments. The company offers classic mechanical reel games and video reel games, as well as TournEvent of Champions, a national slot tournament; and sells gaming equipment and player terminals, licenses, game content, and ancillary equipment, such as signage and lighting packages. It also provides financial access services, such as funds dispensed and transmitted, credit card and POS debit card financial access transactions; check warranty; CashClub, a software payments platform that provides gaming operators with a personal computer workstation software user interface and point-of-sale terminal; CashClub Wallet, a digital payments platform for gaming operators; fully integrated kiosks that provide multiple functions to gaming operators on their casino floors; loyalty kiosk and related equipment; and other integrated kiosk solutions. In addition, the company offers non-funds dispensing terminals that perform authorizations for credit card financial access and POS debit card financial access transactions; and ancillary marketing and database services. Further, it provides Everi Compliance, a anti-money laundering management tool; Central Credit, a gaming patron credit bureau service; JackpotXpress, a jackpot payout and tax form management platform; and Loyalty platform, a software platform to adopt and deliver new promotional strategies, as well as support and maintenance services. It offers products for the casino, sports, entertainment, and hospitality industries. The company was formerly known as Global Cash Access Holdings, Inc. and changed its name to Everi Holdings Inc. in August 2015. Everi Holdings Inc. was founded in 1998 and is based in Las Vegas, Nevada.

Today's Range

Now: $13.52

$13.49

$13.52

50 Day Range

MA: $13.41

$13.29

$13.50

2 Week Range

Now: $13.52

$6.37

$13.53

Volume

293,527 shs

Average Volume

1,299,856 shs

Market Capitalization

$1.17 billion

P/E Ratio

90.14

Dividend Yield

N/A

Beta

2.07

Why I'm telling friends to avoid gold stocks

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

David Lucchese Biography and Net Worth

What is David Lucchese's net worth?

How old is David Lucchese?

What is David Lucchese's salary?

How do I contact David Lucchese?

Has David Lucchese been buying or selling shares of Everi?

Who are Everi's active insiders?

Are insiders buying or selling shares of Everi?