Honor Code staying home for ALW; Wood to follow

[philcski]

Originally Posted by Indian Charlie

He had ten works at HP last year, but they decided to give him time.

Oh yeah, they chose GP because it's the meeting of champions.

Also, they are fielding offers for him.

Best ones they mentioned were half for 2 mil, and 75% for 5 mil.

You know what you say when someone offers you $5 million for 75%?

Thank you very much, here you go, hand over the cash.

[RockHardTen1985]

A big part of the story should be the sire, I believe Pioneer of the Nile is going to end up being a great sire. This is a pretty good start. I know he had at least 2 baby winners in NY last year. Base Case Scenario at Saratoga and a really good looking Pletcher filly who romped at Belmont. I can’t remember her name right now, but I think she was Stonestreet.

[NTamm1215]

Originally Posted by RockHardTen1985

A big part of the story should be the sire, I believe Pioneer of the Nile is going to end up being a great sire. This is a pretty good start. I know he had at least 2 baby winners in NY last year. Base Case Scenario at Saratoga and a really good looking Pletcher filly who romped at Belmont. I can’t remember her name right now, but I think she was Stonestreet.

The favorite for the Florida Derby is a Pioneerof the Nile.

[RockHardTen1985]

Originally Posted by NTamm1215

The favorite for the Florida Derby is a Pioneerof the Nile.

lol yup.
Forgot about him. Who was the Pletcher filly? She had a silly kinda name I think.

[RockHardTen1985]

I found her....
Ari the Adventurer

+ARI THE ADVENTURER (f, 2, Pioneerof the Nile--Wild Catseye {SW, $113,134}, by Forest Wildcat), looking to become the third winner for her freshman sire (by Empire Maker), was hustled out of the gate to take the early lead. The 1-9 favorite charged through fractions of :22.67 and :45.12, kicked clear in upper stretch and romped home much the best to win by 6 3/4 lengths against just three rivals. Lochan (Flatter) was second and Sky Crew (Sky Mesa) was third. Dance Tap (Tapit) was scratched. Becky Thomas purchased Ari the Adventurer for $52,000 as a Keeneland September yearling and the filly blossomed into a $350,000 OBSMAR juvenile after working a co-fastest furlong in :9 4/5. Her win kept trainer Todd Pletcher and Stonestreet Stables a perfect four-for-four with debuting juveniles in 2013. Click for the brisnet.com chart or VIDEO. Lifetime Record: 1-1-0-0, $42,000.
O-Stonestreet Stables LLC. B-Super Fine Farm (KY). T-Todd A Pletcher.

[Calzone Lord]

You just had 40 different 2yo's sell for 300K or more at OBS. A couple of horses who look like they can't run much at all, sold for low six-figs.

It's really hard to say what a horse like Social Inclusion might sell for...but the figure is certainly A LOT more than logic would dictate. Racehorses are generally bad investments -- and it seems like especially so when you've got a stock market that isn't down in the dumps like it was five years ago.

[Danzig]

Originally Posted by Calzone Lord

You just had 40 different 2yo's sell for 300K or more at OBS. A couple of horses who look like they can't run much at all, sold for low six-figs.

It's really hard to say what a horse like Social Inclusion might sell for...but the figure is certainly A LOT more than logic would dictate. Racehorses are generally bad investments -- and it seems like especially so when you've got a stock market that isn't down in the dumps like it was five years ago.

of course they're bad investments. i don't know that i'd even call them an investment..that would be like saying your 401k plan is buying lottery tickets until one hits.
if one wants to invest, you call a stockbroker. if you want to buy cool toys, you buy a horse or a fast car.

[blackthroatedwind]

Originally Posted by philcski

You know what you say when someone offers you $5 million for 75%?

Thank you very much, here you go, hand over the cash.

Yeah, I'm a little dubious of that supposed offer.

[philcski]

Originally Posted by blackthroatedwind

Yeah, I'm a little dubious of that supposed offer.

I could even believe $2 million for 100% because people are that desperate to get to the Derby, but the reality is the horse has 0 points right now. So even that is not a guarantee.

I see it this way- Rachel Alexandra sold for $10 million-ish as a ready-made superstar to a guy who had money to burn before he passed. She certainly would have sold for $5 million+ in the ring as a broodmare if she got hurt in her next start and Jess Jackson suddenly went bankrupt and had to unload, so the real risk on her was $5 million. And she was a 20 length winner of the Kentucky Oaks at that point, not a 5 horse allowance at Gulfstream.

This horse is really good, but his residual is basically $0 if he gets hurt in his next start, so $6.7 million for less than a sure thing? No way.