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Originally Posted by Cannon Shell
So they should artificially create a market by buying up horses sired by their stallions, many of which they already own? (in effect buying their own horses)
That is what pissed off the arabs in the first place and you seem to think that this fraudelent practice is a good thing. You can call it playing the game or whatever but when your premier US stallion's(Giants Causeway) yearling averages have dropped from $222,100(2006) to $79,914 (2007)in one year and the medians dropped from $120000 to $61000, I would say that what they are doing may be having an effect.
If you think that Coolmore is going to come out ahead in this matter than be my guest. But I'm thinking that the biggest buyer in the world not buying your product is going to hurt you. The trickledown effect apparantly is already occuring and if you think that Demi O'Byrne spending more of Coolmore's money is going to trick US buyers or breeders, you are sadly mistaken. The handwriting is on the wall.
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had no idea giants causeways numbers were down that low. and why is he listed as private--i thought that was generally done only with older stallions who were closing in on retirement?
and no doubt the biggest buyer not buying will hurt. does anyone else ignore coolmore now as well? is darley able to sway some of their buyers not to buy from coolmore? just how far does this all go?