Fasig November Sale 3pm today

[ELA]

Originally Posted by Cannon Shell

The problem I would have is that IEAH is supposedly in the business of making money for their clients and at this price I just think that is a longshot. Sheikh Mo can pay 100 million for a horse it makes more sense because he wont be looking to sell her or out of her. You have to be an extreme optimist to think she will ever be worth more than she is today.

I couldn't say if she was a total bust that she would be in the sale next year. However, unless they and the filly were completely embarrassed throughout the year, they can in fact breed her out for many years. Breed to race, sell, foal share, syndicate, I don't know. I am not saying the economics are sound, but fillies and mares like this will always sell for more than the economically sound number -- even in the worst of possible markets.

Eric