Keeneland Sale: 'Hip Watch' and running observations..

[hoovesupsideyourhead]

Originally Posted by The Indomitable DrugS

Different Jerry Bailey.

i know..siacca seen sleeping in the corner with crumbs on his chest.

[Scav]

Originally Posted by hoovesupsideyourhead

i know..siacca seen sleeping in the corner with crumbs on his chest.

Woke up during the Giants Causeway/Azeri colt selling

[Cannon Shell]

For breeders and farms, this sale is a bloodbath. Obviously some breeders havent adjusted their prices enough as seen by the high number of buybacks. These numbers will be frighteningly low as compared to years past.
If a person ever wanted to get involved with TB ownership there will never be a better time. AP Indy fillies out of stakes winning dams bringing less than 100k? Wow.

On a positive note Scavs/GBBob will be swinging into action tomorrow around 11am. Philski is the wingman.

[Sightseek]

Originally Posted by Cannon Shell

For breeders and farms, this sale is a bloodbath. Obviously some breeders havent adjusted their prices enough as seen by the high number of buybacks. These numbers will be frighteningly low as compared to years past.
If a person ever wanted to get involved with TB ownership there will never be a better time. AP Indy fillies out of stakes winning dams bringing less than 100k? Wow.

On a positive note Scavs/GBBob will be swinging into action tomorrow around 11am. Philski is the wingman.

Do you think this will make it more likely that the rush to retire will cease for a bit?

[Cannon Shell]

Originally Posted by Sightseek

Do you think this will make it more likely that the rush to retire will cease for a bit?

Well there will be less incentive to retire colts but then again Vinery just gave a lot of money for 1/2 of a pretty medicore prospect in POTN. There wont be as much money at the top of the market, the $40 million types but the lower end will still pay more than a horse will earn on the track. In theory this market should continue to collapse for at least another year or two. The bloodstock market in November will be much worse.

[Sightseek]

Originally Posted by Cannon Shell

Well there will be less incentive to retire colts but then again Vinery just gave a lot of money for 1/2 of a pretty medicore prospect in POTN. There wont be as much money at the top of the market, the $40 million types but the lower end will still pay more than a horse will earn on the track. In theory this market should continue to collapse for at least another year or two. The bloodstock market in November will be much worse.

Is this why your really sending Phil?

What happened to all the free food and beverages?
Jeffrey Seder of the EQB consulting firm joked that one sign of the Thoroughbred market’s health was the difficulty he was having finding a free cup of coffee at the September sales. Some consignors, when the auction business was doing better, had large spreads of food and provided drinks. But this year, they were cutting back on the freebies. To economize, Denali Stud’s Craig Bandoroff stopped offering pistachios. But you could still find rum cake at Mill Ridge Sales, and Lane’s End still was giving away hats with their stallions’ names on them.

http://www.bloodhorse.com/horse-raci...d-some-answers

[Sightseek]

Year No Head
Sold Gross Amount Average Price Median Price
2008 154 56,047,000 363,942 300,000
2009 107 24,949,000 233,168 200,000

[Scav]

Originally Posted by Sightseek

Is this why your really sending Phil?

What happened to all the free food and beverages?
Jeffrey Seder of the EQB consulting firm joked that one sign of the Thoroughbred market’s health was the difficulty he was having finding a free cup of coffee at the September sales. Some consignors, when the auction business was doing better, had large spreads of food and provided drinks. But this year, they were cutting back on the freebies. To economize, Denali Stud’s Craig Bandoroff stopped offering pistachios. But you could still find rum cake at Mill Ridge Sales, and Lane’s End still was giving away hats with their stallions’ names on them.

http://www.bloodhorse.com/horse-raci...d-some-answers

It has definitely changed, Keeneland still supplying bottled water but last year Mill Ridge had a rockin area. Some of the smaller consigners had Jolly Ranchers today.

I WISH it was actually me being able to get a thoroughbred, with the bonus depreciation and new depreciation method for yearlings(4 year; 25% / 37.5%/25% /12.5%), you can recoup more then half of purchase price (25% then 50% on that final 75%) in a tax deduction so it would be a great idea if you did have the cash

[philcski]

Originally Posted by Sightseek

Is this why your really sending Phil?

What happened to all the free food and beverages?
Jeffrey Seder of the EQB consulting firm joked that one sign of the Thoroughbred market’s health was the difficulty he was having finding a free cup of coffee at the September sales. Some consignors, when the auction business was doing better, had large spreads of food and provided drinks. But this year, they were cutting back on the freebies. To economize, Denali Stud’s Craig Bandoroff stopped offering pistachios. But you could still find rum cake at Mill Ridge Sales, and Lane’s End still was giving away hats with their stallions’ names on them.

http://www.bloodhorse.com/horse-raci...d-some-answers

ask chuck for the J Be K DVD i got for him from Gainesway!

this sale is an absolute bloodbath. Not a single seven figure purchase and lots of good flesh going through for much much much lower prices than expected. The half to Smarty Jones sold for $50k. FIFTY GRAND!!! That would have sold for $400k just a few years ago even if he was a total piece of sh1t (which he was, to be brutally honest.) Full to Malibu Mint for $130k an RNA (was an absolute head case though). A beatiful NYB half to Clock Stopper by Henny Hughes RNA for $30k (must have vetted poorly because she walked fine). Storm Cat half to AFLEET ALEX(!!) for $300k. Storm Cat out of Serena's Song for $450k. Average down from last year from $363k to $233k and down from 2007's $394k and 2006's $539k. Wow.

People, if you've ever been interested in ownership this is the time to do it. The later books will have gems for very cheap. GET INVOLVED!!!!!!!!

[NTamm1215]

Originally Posted by Cannon Shell

For breeders and farms, this sale is a bloodbath. Obviously some breeders havent adjusted their prices enough as seen by the high number of buybacks. These numbers will be frighteningly low as compared to years past.
If a person ever wanted to get involved with TB ownership there will never be a better time. AP Indy fillies out of stakes winning dams bringing less than 100k? Wow.

On a positive note Scavs/GBBob will be swinging into action tomorrow around 11am. Philski is the wingman.

They're going to get that Justenuffheart foal, right?

NT

[Cannon Shell]

Originally Posted by NTamm1215

They're going to get that Justenuffheart foal, right?

NT

NO!