Fasig November Sale 3pm today - Page 4

Danzig · #61 11-02-2008, 07:04 PM

Quote:

Originally Posted by ELA

Too high for you. Not them, and just a tad too high for Stronach (the underbidder). Who knows that they have in mind. I have no idea who might be advising them, or what consultants they use. Maybe they plan on selling multi-million dollar yearlings one after the other.
In today's marketplace, the #'s are certainly not what they once were as far as market value. But like I said, the so called special ones will still go off the charts.

Eric

don't all breeders have that as their plan? i just wonder how workable that really is...you can't pay investors back with hope.

Cannon Shell · #62 11-02-2008, 07:06 PM

Quote:

Originally Posted by ELA

Too high for you. Not them, and just a tad too high for Stronach (the underbidder). Who knows that they have in mind. I have no idea who might be advising them, or what consultants they use. Maybe they plan on selling multi-million dollar yearlings one after the other.

In today's marketplace, the #'s are certainly not what they once were as far as market value. But like I said, the so called special ones will still go off the charts.

Eric

No Eric it is too high for any realistic expectation of monetary success. Who would buy her over this level? There is no market over that price. Maybe they are marking her up and making a profit on that end but there is virtually no chance that she can be worth more than this unless she does something unbelievable like wiining the Triple Crown or going 7 for 7 winning the oaks Alabama and Breeders Cup. Do you know how many multimillion dollar yearlings they will have to sell to just cover expenses, stud fees, etc? That's not even considering her purchase price. There are no players at 6 million or above except two who chose not to play now and surely arent that interested to play later at a higher price.

ELA · #63 11-02-2008, 07:14 PM

Quote:

Originally Posted by Danzig

don't all breeders have that as their plan? i just wonder how workable that really is...you can't pay investors back with hope.

Of course. I was just saying that maybe to them it's easy. I have no idea.

Eric

Danzig · #64 11-02-2008, 07:15 PM

Quote:

Originally Posted by ELA

Of course. I was just saying that maybe to them it's easy. I have no idea.

Eric

lol
it better be!

ELA · #65 11-02-2008, 07:16 PM

Quote:

Originally Posted by Cannon Shell

No Eric it is too high for any realistic expectation of monetary success. Who would buy her over this level? There is no market over that price. Maybe they are marking her up and making a profit on that end but there is virtually no chance that she can be worth more than this unless she does something unbelievable like wiining the Triple Crown or going 7 for 7 winning the oaks Alabama and Breeders Cup. Do you know how many multimillion dollar yearlings they will have to sell to just cover expenses, stud fees, etc? That's not even considering her purchase price. There are no players at 6 million or above except two who chose not to play now and surely arent that interested to play later at a higher price.

Chuck, I hear you. Sure, I agree. And this is a business of self-expression . . . and boy, did we just see some self-expression! LOL.

Eric

Cannon Shell · #66 11-02-2008, 07:33 PM

Quote:

Originally Posted by ELA

Chuck, I hear you. Sure, I agree. And this is a business of self-expression . . . and boy, did we just see some self-expression! LOL.

Eric

well a horse I bought for 90k just sold for a million and a mare i passed up on buying for 8 or 9k just brought 205k. So my self expression is i want to kill myself in the quickest manner that I can.

GBBob · #67 11-02-2008, 08:00 PM

Quote:

Originally Posted by Cannon Shell

well a horse I bought for 90k just sold for a million and a mare i passed up on buying for 8 or 9k just brought 205k. So my self expression is i want to kill myself in the quickest manner that I can.

get in line

Danzig · #68 11-02-2008, 08:09 PM

just read that great hunter was scratched from the sale-he was supposed to be the first horse sold. what happened?

ELA · #69 11-02-2008, 08:38 PM

15 million ask and still going.

Eric

ELA · #70 11-02-2008, 08:39 PM

Shot from 1m to 14m in no time.

Sold at 14m

Eric

wac · #71 11-02-2008, 08:45 PM

That was un friggin real to watch. started at 1 mil and in 5 secs they were up to 8 mil. Wow. That was kinda cool get to see a little history. I can't tell who the buyer is but evidentally there interviewinghim in the ring. I recognize his face but can't place the name.

sumitas · #72 11-02-2008, 09:07 PM

Darn, I missed that bidding . What a mare !

PPerfectfan · #73 11-02-2008, 09:15 PM

Quote:

Originally Posted by wac

That was un friggin real to watch. started at 1 mil and in 5 secs they were up to 8 mil. Wow. That was kinda cool get to see a little history. I can't tell who the buyer is but evidentally there interviewinghim in the ring. I recognize his face but can't place the name.

Southern Equine bought her outright.

Cannon Shell · #74 11-02-2008, 10:14 PM

Quote:

Originally Posted by PPerfectfan

Southern Equine bought her outright.

The price isnt as impressive since much of the purchase price goes back into their own pockets though Fasig did really well.

The Bid · #75 11-02-2008, 10:23 PM

Why would someone spend 5.7 million on a racing prospect and send it to John Terranova, Betsy

ELA · #76 11-02-2008, 10:26 PM

Quote:

Originally Posted by Cannon Shell

The price isnt as impressive since much of the purchase price goes back into their own pockets though Fasig did really well.

Moreno, being that he already owned 70% of BTH, let it be well known that he was going to be very aggressive and had every intention of bringing this mare home. I don't know what kind of deal you can get on a mare like this but I would assume it would be very competitive. They had enough fire power in this sale. I don't know if they could have went elsewhere.

Eric

blackthroatedwind · #77 11-02-2008, 10:36 PM

I'm still waiting for the inquiry from the Acorn to be overturned ( it was the most preposterous of non-DQs ever ) so that I can cash my $250 win bet on her at 6-1.

Robert Waxman could have used the $14 million I'm guessing.

Kasept · #78 11-03-2008, 06:23 AM

COMPLETE RESULTS:
http://www.fasigtipton.com/results/2...ults110208.asp

Betsy · #79 11-03-2008, 07:15 AM

Quote:

Originally Posted by The Bid

Why would someone spend 5.7 million on a racing prospect and send it to John Terranova, Betsy

You're right, but I was hoping because I don't like Dutrow. OH well - I think he'll do a good job with SB.

Scav · #80 11-03-2008, 07:28 AM

I'm curious, with Moreno already owning 70% of Better than Honour, and her going to 14 million, does he have to pay the whole 14 million, and then get a check back for 9.8 million or does he only have to pay 4.2 million for the other 30%?