KEE SEPT: Book 2, 5 day cumulatives show huge gains

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Originally Posted by Kasept

Market Talk: Analyzing Keeneland's Opener

Craig Bandoroff, Denali Stud: “The two horses of ours that they (the buyers) wanted sold very well. We had a few buy-backs, which is something I don’t like. But I think when you’re at this level, you’re selling for people who have the wherewithal to keep their horses if they really want to keep them. It’s not like when you get into Book Three (of the sale catalog) and you’re selling for people that this is how they make their living.

“In Book One, if somebody has a really nice horse, they generally get aggressive and say, ‘Look, I’m willing to sell it, but I’m not going to sell it unless you give me what I want.’ I never have a qualm with a guy who has a really nice horse (and wants a big price). It’s when they get unrealistic on a not-so-nice horse that it gets difficult.

“I think there’s an oversupply of certain sires and it hurts you (as a seller). When there are so many of them, they (buyers) say, ‘Well, you know, that’s a nice one, but I like this one better.’ It’s not that anybody is doing anything wrong, that’s just the way it is.”


Read more: http://www.bloodhorse.com/horse-raci...#ixzz1XlvLTCR7

It's been that way for years and the breeders don't care. Giant's Causeway has his share of 5K sales so those who spend 75+K know fully well there are going to be up to 200 other foals by the same sire.