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Quote from pcmark15 on August 26, 2024, 9:10 PM

After the sale of Great Bet today,

Admiral Deo, All Gas No Brakes (2nd today), Blue Ventura, Casanova Hall, Flash Fly, Gorgeous Package, Rose Run Ajay, Serious Dragon and Tenacious Hanover.

 

I was very interested in Tenacious Hanover but didn't pull the trigger.  We have Serious Dragon in common.

Good luck to all of your horses.

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pcmark15

After winning the Next Generation Lilly is my favorite this season. That may change. I hope Anthony and Jason put both Lilly and Freedom hill in the Buckeye stallion Series next two starts. 

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Quote from Purple Aura on August 26, 2024, 10:29 PM

After winning the Next Generation Lilly is my favorite this season. That may change. I hope Anthony and Jason put both Lilly and Freedom hill in the Buckeye stallion Series next two starts. 

Your hope that they make Buckeye Final and OSS Consolation?  I think

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Quote from Lonnie on August 21, 2024, 12:14 AM
Quote from MaywoodAl on August 20, 2024, 11:16 PM

Need to time my lunch on Thursday, so I can watch La D. Lucky I got in on time to purchase. The new horses get sold out quick. Also seems that there seems to be a bit of scalping going on. See new horses get put on the resale market right away at higher prices.

In a semi-recent video @Amac mentioned that phenomenon of commoditizing the marketplace by transactionalizing or "scalping" as you called it, and how it's frowned upon.  Those people aren't horse people. They just want to use the market to make a quick buck. 

I see it going on with Tenacious Hanover and Chimebelle now. 

It's happening again today with yearling Judys Moni, The Stable still has shares available and there's already shares for sale on the Private Market. This is only going to get worse as we get deeper into yearling sales unless something is done.

Quote from pcmark15 on August 27, 2024, 10:31 PM
Quote from Lonnie on August 21, 2024, 12:14 AM
Quote from MaywoodAl on August 20, 2024, 11:16 PM

Need to time my lunch on Thursday, so I can watch La D. Lucky I got in on time to purchase. The new horses get sold out quick. Also seems that there seems to be a bit of scalping going on. See new horses get put on the resale market right away at higher prices.

In a semi-recent video @Amac mentioned that phenomenon of commoditizing the marketplace by transactionalizing or "scalping" as you called it, and how it's frowned upon.  Those people aren't horse people. They just want to use the market to make a quick buck. 

I see it going on with Tenacious Hanover and Chimebelle now. 

It's happening again today with yearling Judys Moni, The Stable still has shares available and there's already shares for sale on the Private Market. This is only going to get worse as we get deeper into yearling sales unless something is done.

When I looked earlier, there weren't any shares available on the private market.  I'll check now, but with shares still available publically, if someone pays a premium, then shame on them.

Quote from pcmark15 on August 27, 2024, 10:31 PM
Quote from Lonnie on August 21, 2024, 12:14 AM
Quote from MaywoodAl on August 20, 2024, 11:16 PM

Need to time my lunch on Thursday, so I can watch La D. Lucky I got in on time to purchase. The new horses get sold out quick. Also seems that there seems to be a bit of scalping going on. See new horses get put on the resale market right away at higher prices.

In a semi-recent video @Amac mentioned that phenomenon of commoditizing the marketplace by transactionalizing or "scalping" as you called it, and how it's frowned upon.  Those people aren't horse people. They just want to use the market to make a quick buck. 

I see it going on with Tenacious Hanover and Chimebelle now. 

It's happening again today with yearling Judys Moni, The Stable still has shares available and there's already shares for sale on the Private Market. This is only going to get worse as we get deeper into yearling sales unless something is done.

That one is beyond strange.  Why would anyone buy at $198 CND when you have public shares available @$168?

I don’t know what we can do other than highlighting the absurdity of it.  I know that I may be in the minority, but I am just sticking to public purchases.  At least there has been an industry vetted pricing standard set.

Not trying to piss anyone off, but in what universe is the 2 year old trotting filly, Oh Hill No, worth $296,000 US?  That is rate that someone is offering for 5 shares.  This is a nice filly that is turned out for the remainder of the season.  Other than being by a good sire, What The Hill, her pedigree is arguably the least impressive of all TheStable’s current 2 year old trotting fillies.  Caveat emptor folks.

Perhaps I can rationalize overpaying for a small % in a horse that was certain lock to race in a big race, but it would be for the experience of being an owner in The Jug or Gold Cup & Saucer for example.  The emotional thrill would create the over valued price.  

And to be clear, there are some reasonably priced horses in the private sales list and some of you have made some good pickups.

Anyway, just be careful, because you also have to factor in that you have no control when the horse may be sold.  And when they leave, I guarantee that the price will be valued based.

You missed your chance on the $2,960 for Oh Hill Now there are now 5 shares at $4,000 each. I cannot figure out if some of these crazy prices are typos, late night drinking or just wishful thinking. 

The yearling is sold out and now someone has 14 shares on the secondary market for $235 each. 

I can ignore the crazy prices and I really don't care that much about the scalpers ( I do a bit). But if  I was interested in buying a new offering and missed because someone grabbed a bunch to immediately offer at a higher price, I may be a bit ticked off.

I know there are hundreds (close to a 1,000) individuals, but if people would not jump at the the scalper's offerings it would revert back people buying to own and keep. Perhaps offering to sell down the road when no longer wanting that horse.

 

 

 

Quote from MaywoodAl on August 28, 2024, 1:09 PM

 

The yearling is sold out and now someone has 14 shares on the secondary market for $235 each. 

I know there are hundreds (close to a 1,000) individuals, but if people would not jump at the the scalper's offerings it would revert back people buying to own and keep. Perhaps offering to sell down the road when no longer wanting that horse.

How about this for a solution.  Mandatory hold on all public purchases for minimum of 30 days.  At least the scalpers would have to fork over a month’s worth of care.  Might free up some initial public shares.

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pcmark15
Quote from Bgtolex25 on August 28, 2024, 5:52 PM
Quote from MaywoodAl on August 28, 2024, 1:09 PM

 

The yearling is sold out and now someone has 14 shares on the secondary market for $235 each. 

I know there are hundreds (close to a 1,000) individuals, but if people would not jump at the the scalper's offerings it would revert back people buying to own and keep. Perhaps offering to sell down the road when no longer wanting that horse.

How about this for a solution.  Mandatory hold on all public purchases for minimum of 30 days.  At least the scalpers would have to fork over a month’s worth of care.  Might free up some initial public shares.

My thought on this is that if there are shares available, that horse cannot be listed on the Private Market for more than the public market.  In addition, I agree with you, you have to hold any purchase you make for a minimum of 30 calendar days before you can offer it on the Private market. 

So far just shares in Rocks Shining Star. 

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