Fasig-Tipton sales

[sumitas]

wow, 78, look at the produce on that dam line. stakes winners galore...$550k

[paisjpq]

Originally Posted by sumitas

wow, 78, look at the produce on that dam line. stakes winners galore...$550k

he must have something that the vet didn't like. that price was a bargain

[Cajungator26]

Not impressed with this Songandaprayer filly.

[paisjpq]

Originally Posted by Cajungator26

Not impressed with this Songandaprayer filly.

sounded like an rna but I wasn't paying enough attention to be sure

[Cajungator26]

Originally Posted by paisjpq

sounded like an rna but I wasn't paying enough attention to be sure

Ok, excuse me for being ignorant, but what does "rna" mean?

[paisjpq]

Originally Posted by Cajungator26

Ok, excuse me for being ignorant, but what does "rna" mean?

reserve not attained. or a buy back

[Cajungator26]

Originally Posted by paisjpq

reserve not attained. or a buy back

Thank you!

[sumitas]

78 was yet another Secretariat cross...$550k but not for me.

[paisjpq]

Originally Posted by sumitas

78 was yet another Secretariat cross...$550k but not for me.

can't dispute that he has a TRENDY pedigree though

[sumitas]

Originally Posted by paisjpq

can't dispute that he has a TRENDY pedigree though

Island Kitty as the 2nd dam doesn't hurt either...it's a super pedigree. i like a lot about it excpt for that Secreatarait cross it was one of the nicest peds across 5 gens in the sale.

[paisjpq]

Originally Posted by sumitas

Island Kitty as the 2nd dam doesn't hurt either...it's a super pedigree. i like a lot about it excpt for that Secreatarait cross it was one of the nicest peds across 5 gens in the sale.

sec. was a good broodmare sire. He's becoming hard to avoid, esp when people are not mindful of what they are doing (breed to sell vs. breed to race).

[sumitas]

oh yes, Sec is a great influence within a pedigree. But pedigree expert Ellen Parker advises to avoid a Secretariat inbreed. go with the Sir Gaylord cross or cross his dam line. she maintains you get a sounder horse this way, plus you have the racing influence of Secretariat. 82 is the example of how you can breed Secretariat within a pedigree.

i see they even doubled a Sir Gaylord in that one to give you 3 Somethingroyals. i think that works.

Elusive Quality has the Sec/SG cross in his ped. Many good ones do regardless of sex.

[GPK]

Ok....I'm clearly out of my league here. Can some of you ladies (Bethany, AB,Gator) help me out with some of these on sale for last night and tonight?

Why did hip 81 not sell?
Help me with the pedigrees of the other Smart Strike babies? (#'s 116 and 172)

Thank you ladies and look forward to reading what ya'll have to say.

Oh yeah...and Cajun...who loves you baby??

[GPK]

Also....hasn't Point Given been one of the leading Sophmore sires this year?

Why did #48 go so cheap last night? $170K

[Cajungator26]

Originally Posted by GPK

Ok....I'm clearly out of my league here. Can some of you ladies (Bethany, AB,Gator) help me out with some of these on sale for last night and tonight?

Why did hip 81 not sell?
Help me with the pedigrees of the other Smart Strike babies? (#'s 116 and 172)

Thank you ladies and look forward to reading what ya'll have to say.

Oh yeah...and Cajun...who loves you baby??

Kev, I'm out of my league too... I'm just trying to learn some stuff from listening to these guys.

I actually had a question regarding this stuff too... when a horse is RNA, why does that happen normally?

Well, with the Point Given filly, it could be one of two things. Point Given's often look very immature, under-developed and gawky as yearlings. They really need time to develop. If you look at his entire past sales history, you will see his results have been surprisingly low in the yearling markets because of this. The other reason can be some conformational deficiencies we dont know about. A yearling can look fantastic but if it doesnt fly through the vet check, buyers are going to look else where.

With the Smart Strike filly, I was really expecting her to go for around 300k. My guess, conformational issues. Smart Strike doesnt throw the prettiest of babies and Seattle Slew can get some plain looking horses, especially as a broodmare sire, so maybe its a combination of that and unwanted issues with conformation. Either way, its a family thats been waking up but still under-appreciated. Cant go wrong with a filly tail-female to La Troienne.

RNA-- Means Reserve Not Acquired/Achieved. Reserves, or a minimum price set by the consignor or owner of the yearling (any horse) in an auction is common place. When they feel like the horse in question is worth no less than a certain amount they will set the reserve at that. The reserve is kept private and confidential and the buyers are not aware of it (im sure there are times they are though but thats a whole other sales ethics discussion). There's a lot of private sales during and after the sales with the horses who get RNA'd. So, many of them do switch hands of ownership, while others are retained by their original owners. I should also mention that you have to pay a percentage of the reserve if you're the original owner and your horse doesnt attain it. Its called a "buy back". I dont know what the percentage is. Im sure Sumitas does though.

The Mineshaft should be interesting. The iconic Lane's End (at least I consider it a Lane's End family of late) family of Lassie Dear has yearlings mostly by Came Home. They obviously supported that young stallion with mares from their best family which is great from him. But this is the only attempt i've seen of them inbreeding to Lassie Dear with Mineshaft. So this filly has the RF to Lassie Dear and I personally am a big fan of it. His weanlings didnt sell for as high as I thought they would but I heard they were a little under-developed which would make sense. He was a much better older horse and a lot of the mares he's seeing are Classic types also. I would be shocked if Mineshaft doesnt make an excellent stallion. Indy is starting to prove himself a sire of sires and Mineshaft hails from one of the best branches of La Troienne, through The Garden Club. Although, on a related note, that direct family has yet o produce a stallion of much importance.

[paisjpq]

Originally Posted by GPK

Ok....I'm clearly out of my league here. Can some of you ladies (Bethany, AB,Gator) help me out with some of these on sale for last night and tonight?

Why did hip 81 not sell?
Help me with the pedigrees of the other Smart Strike babies? (#'s 116 and 172)

Thank you ladies and look forward to reading what ya'll have to say.

Oh yeah...and Cajun...who loves you baby??

I'm no expert I just know what I like and have a pretty good idea of what types of pedigrees sell well--from working the sales.

Couple of reasons why hip 81 might not have sold.
Smart Strike has a lifetime filly sale average of around 64K--@ 130 this filly was probably right where she should have been and the owners probably set the reserve too high. No parent ever thinks his or her child is anything less than the head of the class if you know what I mean. Often going into a sale an owner has unrealistic expectations of their own yearling's value.
a formula I heard once that is used to determine the profit point @ a sale is two times the stud fee plus 15K--the 15K is what it costs to maintain the mare for a year in foal.
The filly was somewhat light in pedigree--not a bad page, but nothing that jumps out. Folklore is there but the breeding is totally different so it's apples and oranges.
She may not have vetted well--buyers are very picky and can afford to be.
Smart Strike gets some good runners but not early or classic type runners.

this is all JMO take it @ face value only.

Originally Posted by paisjpq

I'm no expert I just know what I like and have a pretty good idea of what types of pedigrees sell well--from working the sales.

Couple of reasons why hip 81 might not have sold.
Smart Strike has a lifetime filly sale average of around 64K--@ 130 this filly was probably right where she should have been and the owners probably set the reserve too high. No parent ever thinks his or her child is anything less than the head of the class if you know what I mean. Often going into a sale an owner has unrealistic expectations of their own yearling's value.
a formula I heard once that is used to determine the profit point @ a sale is two times the stud fee plus 15K--the 15K is what it costs to maintain the mare for a year in foal.
The filly was somewhat light in pedigree--not a bad page, but nothing that jumps out. Folklore is there but the breeding is totally different so it's apples and oranges.
She may not have vetted well--buyers are very picky and can afford to be.
Smart Strike gets some good runners but not early or classic type runners.

this is all JMO take it @ face value only.

Its a good opinion and holds very true. I've never paid too much attention to his sales average, but for a filly 64k, and after that stud fee hike, breeders better be breeding to race. Very solid stallion though, and wouldnt be surprised to see him as a top bms.

[sumitas]

82, there's that Secretariat/Sir Gaylord cross...nice ped on this colt. $575k and my congrats to the buyers. my kinda ped.

[paisjpq]

85 a unique ped. I like it when they don't just breed to whatever is most fashionable...but really fit the mare to the stud. won't bring what he's worth because of it though.