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Originally Posted by ELA
Too high for you. Not them, and just a tad too high for Stronach (the underbidder). Who knows that they have in mind. I have no idea who might be advising them, or what consultants they use. Maybe they plan on selling multi-million dollar yearlings one after the other.
In today's marketplace, the #'s are certainly not what they once were as far as market value. But like I said, the so called special ones will still go off the charts.
Eric
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don't all breeders have that as their plan? i just wonder how workable that really is...you can't pay investors back with hope.