Fasig November Sale 3pm today

[ELA]

Originally Posted by Cannon Shell

The price is entirely too high as breeding stock especially in this market with her pedigree.

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

[Danzig]

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.

[ELA]

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]

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!

[Cannon Shell]

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]

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]

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]

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]

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

[ELA]

15 million ask and still going.

Eric