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.

Mark McClain Biography and Net Worth

CEO of SailPoint Technologies

Mark D. McClain co-founded SailPoint in December 2005 and has served as our Chief Executive Officer and on our board of directors since that time. He has almost 20 years of experience developing and leading innovative technology companies that have operated in the identity management market. In 2000, he founded Waveset Technologies, a pioneer in the identity management market. Following the acquisition of Waveset by Sun Microsystems (“Sun”) in 2003, Mr. McClain served as Vice President of Software Marketing for Sun. His career also includes experience in international sales and marketing with HP (NYSE: HPQ) and IBM Tivoli Systems. Mr. McClain holds a B.A. in Economics from Point Loma Nazarene University and an M.B.A. from the University of California, Los Angeles.

What is Mark D. McClain's net worth?: The estimated net worth of Mark D. McClain is at least $60.25 million as of September 15th, 2021. Mr. McClain owns 923,517 shares of SailPoint Technologies stock worth more than $60,250,249 as of December 23rd. This net worth estimate does not reflect any other investments that Mr. McClain may own. Additionally, Mr. McClain receives a salary of $1,190,000.00 as CEO at SailPoint Technologies. Learn More about Mark D. McClain's net worth.
How old is Mark D. McClain?: Mr. McClain is currently 60 years old. There are 5 older executives and no younger executives at SailPoint Technologies. Learn More on Mark D. McClain's age.
What is Mark D. McClain's salary?: As the CEO of SailPoint Technologies Holdings, Inc., Mr. McClain earns $1,190,000.00 per year. Learn More on Mark D. McClain's salary.
How do I contact Mark D. McClain?: The corporate mailing address for Mr. McClain and other SailPoint Technologies executives is 11305 FOUR POINTS DRIVE BLDG. 2 SUITE 100, AUSTIN TX, 78726. SailPoint Technologies can also be reached via phone at (512) 346-2000 and via email at [email protected]. Learn More on Mark D. McClain's contact information.
Has Mark D. McClain been buying or selling shares of SailPoint Technologies?: Mark D. McClain has not been actively trading shares of SailPoint Technologies during the last quarter. Most recently, Mark D. Mcclain sold 25,000 shares of the business's stock in a transaction on Tuesday, March 15th. The shares were sold at an average price of $40.80, for a transaction totalling $1,020,000.00. Learn More on Mark D. McClain's trading history.
Who are SailPoint Technologies' active insiders?: SailPoint Technologies' insider roster includes William Bock (Director), Eric Domagalski (CAO), Mark McClain (CEO), James McMartin (CFO), Heidi Melin (Director), Matt Mills (Insider), Tracey Newell (Director), Christopher Schmitt (General Counsel), Michael Sullivan (Director), and Grady Summers (EVP). Learn More on SailPoint Technologies' active insiders.

Mark D. McClain Insider Trading History at SailPoint Technologies

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
3/15/2022	Sell	25,000	$40.80	$1,020,000.00
2/15/2022	Sell	25,000	$40.21	$1,005,250.00
1/18/2022	Sell	25,000	$41.28	$1,032,000.00
12/15/2021	Sell	25,000	$46.44	$1,161,000.00
10/15/2021	Sell	25,000	$46.75	$1,168,750.00
9/15/2021	Sell	25,000	$47.11	$1,177,750.00	923,517
7/15/2021	Sell	20,000	$46.96	$939,200.00	978,044
5/17/2021	Sell	20,000	$44.65	$893,000.00	1,022,571
4/15/2021	Sell	20,000	$49.80	$996,000.00	1,042,571
2/16/2021	Sell	20,000	$62.55	$1,251,000.00	1,031,381
1/15/2021	Sell	20,000	$56.65	$1,133,000.00	1,105,381
12/15/2020	Sell	20,000	$50.21	$1,004,200.00	1,145,381
11/16/2020	Sell	20,000	$42.51	$850,200.00	1,228,898
10/15/2020	Sell	20,000	$45.02	$900,400.00	1,248,898
9/15/2020	Sell	20,000	$38.33	$766,600.00	1,268,898
8/17/2020	Sell	20,000	$36.25	$725,000.00	1,288,898
7/15/2020	Sell	20,000	$28.46	$569,200.00	1,308,898
6/15/2020	Sell	20,000	$22.10	$442,000.00	1,328,898
5/15/2020	Sell	20,000	$20.29	$405,800.00	1,348,898
5/7/2020	Sell	15,000	$20.00	$300,000.00	1,368,898
4/15/2020	Sell	20,000	$16.16	$323,200.00	1,368,898
1/15/2020	Sell	20,000	$25.17	$503,400.00	1,335,639
12/16/2019	Sell	20,000	$23.62	$472,400.00	1,393,739
11/15/2019	Sell	20,000	$23.43	$468,600.00	1,419,827
11/4/2019	Sell	15,000	$20.09	$301,350.00
10/15/2019	Sell	56,000	$18.66	$1,044,960.00
9/16/2019	Sell	56,000	$20.74	$1,161,440.00
8/15/2019	Sell	56,000	$21.15	$1,184,400.00
4/15/2019	Sell	33,000	$28.08	$926,640.00
3/18/2019	Sell	33,000	$28.89	$953,370.00
2/15/2019	Sell	33,000	$31.72	$1,046,760.00
1/15/2019	Sell	33,000	$25.88	$854,040.00
12/17/2018	Sell	33,000	$22.72	$749,760.00
11/15/2018	Sell	33,000	$26.62	$878,460.00
10/15/2018	Sell	33,000	$27.04	$892,320.00
9/17/2018	Sell	93,000	$31.82	$2,959,260.00
8/15/2018	Sell	93,000	$28.31	$2,632,830.00
7/16/2018	Sell	93,000	$27.29	$2,537,970.00
6/15/2018	Sell	123,000	$27.55	$3,388,650.00
5/17/2018	Sell	33,000	$22.42	$739,860.00
11/21/2017	Sell	300,000	$12.00	$3,600,000.00

Mark D. McClain Buying and Selling Activity at SailPoint Technologies

SailPoint Technologies Company Overview

SailPoint Technologies Holdings, Inc. provides enterprise identity security solutions in the United States, Europe, the Middle East, Africa, and internationally. The company offers software as a service (SaaS) and software platforms, which provide organizations visibility and the intelligence required to empower users and manage their access to systems, applications, and data across hybrid information technology environments, spanning on-premises, cloud and mobile applications, and file storage platforms. Its solutions include IdentityNow, a cloud-based multi-tenant identity security platform; IdentityIQ, an on-premises identity security solution; and SailPoint Identity Services, a multi-tenant SaaS subscription service. The company sells its products and solutions to commercial enterprises, financial institutions, and governments directly, as well as through system integrators, technology partners, and value-added resellers. SailPoint Technologies Holdings, Inc. was founded in 2004 and is headquartered in Austin, Texas.

Today's Range

Now: $65.24

$65.24

50 Day Range

MA: $64.57

$62.98

$65.24

2 Week Range

Now: $65.24

$34.98

$65.24

Volume

N/A

Average Volume

2,794,986 shs

Market Capitalization

$6.19 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.41

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.

Mark McClain Biography and Net Worth

What is Mark D. McClain's net worth?

How old is Mark D. McClain?

What is Mark D. McClain's salary?

How do I contact Mark D. McClain?

Has Mark D. McClain been buying or selling shares of SailPoint Technologies?

Who are SailPoint Technologies' active insiders?

Mark D. McClain Insider Trading History at SailPoint Technologies

Mark D. McClain Buying and Selling Activity at SailPoint Technologies

SailPoint Technologies Company Overview

Today's Range

50 Day Range

2 Week Range

Volume

Average Volume

Market Capitalization

P/E Ratio

Dividend Yield

Beta