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Originally Posted by sumitas
How many of the horses sold at this sale will actually race for the current new owner ? I have no idea but I get the feeling only a few will.
Anywho, on to the Spa for the next round of yearling sales.
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Great question. I think the one area of the marketplace, as it relates to "buyers", that won't get as hurt will be the pinhookers. They are somewhat in a position of they "have to buy" -- at least something -- it just becomes a question of what, where, how much, etc. If the pinhookers back off, they are pretty much putting themselves in a position of not being able to do business. Their wallets might be affected, they might not spend as much or buy as many, but they will still buy or else they can't conduct business.
Like you said, on to the Spa, and then Keeneland for about a zillion horses being sold.
Eric