Tuesday, January 22, 2008

Can Someone lend me $900K?

There were some mind-boggling prices at the Meadowlands Mixed Sale this week. Former North America Cup winner Total Truth was bought back by Teague for $900,000. Sophomore colts Moon Beam and Duneside Perch brought at staggering $750,000 and $700,000 respectively. In a more reasonable price range, Artcotic was a buy back at $315,000 and Gold Dust Beach went for $280.000. Classy and iron-tough Boulder Creek went for $185,000.

I found some of those interesting. Teague’s buy back of Total Truth might look high, but he seems sound (George thinks so, so who are we to disagree) and he does have a possible stud career if he does some big racing this year, or sets a good mark. Both Moon Beam and Duneside Perch were very impressive last year; but those prices were hard for me to get my head around. Duneside had his year cut short by a fracture. Winning bidder Ross Croghan said this from the harnesslink article linked above:

“I thought he’d go for between $800,000 and a million,” Croghan said. “I went a little more than I wanted to, but I split the difference. Horses of this caliber entering their three-year-old season are not usually on the market for sale. Coming off his two-year-old season, he’s a possible major player, a major contender.

“There are not too many horses that do not have injuries somewhere along the line,” Croghan added.

It will be interesting to see who does well with these horses this year and which appear worth the price. And who may flop. This game is not for the thin-skinned. Those are monster prices for colts, though. Come to think of it, I am a part-owner of a couple 3YO colts. I don't want to sell them, but if I do I won't take less than one trillllllion dollars!

Hey, could be worse folks, I coulda said Alotta Fagina for my Austin Powers reference.

Pocket Notes

…… former multiple Trainer of the Year in Canada Bob McIntosh is having a good start to the Woodbine meet. He’s 4 for 5 with layoff horses. Zeron and Bob Young are others to watch, right off the Q.

……. driver Tony Morgan is leading US drivers in ’08, and he appears poised to take a run at 1,000 wins for the second time in his career.

…... young driver Ty Buter has also had a good start.

…… at Woodbine, 37% of favourites have hit this year, which is higher than last year in January.

….. trainer Casie Coleman has a 0.66 ROI since November 1st.

…… $200 to win on each Joe Stutzman’s horses is the other side of the spectrum. If you had done that you'd be up over $2600.

1 comment:

Anonymous said...

Casie's barn is deader than Saddam Hussein.

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