WinStar Gets in the Microshare Business

[freddymo]

Originally Posted by Dahoss

They paid $110,000 3 months ago. Do I really need to explain why this looks bad?

I am against these hopeless money grabs, but this one seems ok. The colt ran a big figure after they bought the horse. Isn't that how people monetize their investment? I am a partner in a group that buys horses, hope they run well, and then hope to receive offers for more than we paid. Trust me, if the colt we have would have beaten that half to Justify the other day or came in second with a 90+ figure, we would have gotten offers. I am failing to understand what Winstar is doing wrong? They bought a colt; the colt seems fast on BSF's, and they are taking money off the table. Don't owners do that every day?