HORSEPLOP.COM
General Category => Harness Racing => Topic started by: augustaandy on October 01, 2018, 11:24:22 AM
-
lots of people looking at horses
should be some big balloons starting Tuesday evening
heard some are bullish on number 63
-
The clique will be out in force, with all the new money in overnight racing, why isn't there any new money in the stakes game?
-
harrisburg mite be better this yr
imo
-
Now your taking a fake trip to Harrisburg
-
Now your taking a fake trip to Harrisburg
not going there,,but I mite
see u RED MILE... thurs junior
pls bring money
I CANT KEEP BUYIN DINNERS FOR U ,,
U ARE NOT MY CHILD tmbz1
-
How many times do I have to tell you,,, I can’t hang with outside of Hoosier,,,the guys I hang with told me you are not welcome
-
ngc3 ngc3 ngc3 ngc3 ngc3 ngc3 ngc3
yep u aint leavin your house,,
.. ngc3 ngc3 ngc3
-
Ok junior ,,,then erv was talking to my twin
-
Ok junior ,,,then erv was talking to my twin
ERV WAS TALKING WITH MICHELIN MAN?
-
ERV WAS TALKING WITH MICHELIN MAN?
ngc3 ngc3 ngc3 ngc3 ngc3 ngc3 ngc3 ngc3
-
big prices ,,comin up in 4 hrs..
good luck tmbz1
-
big prices ,,comin up in 4 hrs..
good luck tmbz1
TIME FOR MANY TO EXIT THE BUILDING TOO
-
TIME FOR MANY TO EXIT THE BUILDING TOO
I like an indy colt to honest but idk
getting there thurs morn for a nice 4 days of great racing
eddy..DALRAE AINT COMIN I CALLED HIM 5 TIMES NO ANSWER
ANOTHER FAKE TRIP OF HIZ ,, ngc3 ngc3
LOOMS ngc3 ngc3
-
I like an indy colt to honest but idk
getting there thurs morn for a nice 4 days of great racing
eddy..DALRAE AINT COMIN I CALLED HIM 5 TIMES NO ANSWER
ANOTHER FAKE TRIP OF HIZ ,, ngc3 ngc3
LOOMS ngc3 ngc3
THAT '82 CAVALIER WONT MAKE IT ANYWAYS
-
I like an indy colt to honest but idk
getting there thurs morn for a nice 4 days of great racing
eddy..DALRAE AINT COMIN I CALLED HIM 5 TIMES NO ANSWER
ANOTHER FAKE TRIP OF HIZ ,, ngc3 ngc3
LOOMS ngc3 ngc3
im here and staying,,,but hang with you
-
I like an indy colt to honest but idk
getting there thurs morn for a nice 4 days of great racing
eddy..DALRAE AINT COMIN I CALLED HIM 5 TIMES NO ANSWER
ANOTHER FAKE TRIP OF HIZ ,, ngc3 ngc3
LOOMS ngc3 ngc3
well if he is there
you cant miss him
-
well if he is there
you cant miss him
tmbz1
-
Sale going strong. That Trump economy is gang buster and thinking of using some pot stock profits on one day 3.
-
tmbz1
-
why is it taking so long to get results on the site
all you have to do is type on a keyboard
-
the captains brought over 2.5 million on first night
in total,,
amazin
-
These prices are insane,,,,lots of losing buys,,but good luck to all
-
the captains brought over 2.5 million on first night
in total,,
amazin
I agree
-
Joe, no different then the last two years when you had 38 last year and 36 the year before MH sell for over 100k. Also both years the average sale price was 123k on over 140 yearlings those two years. Lot of burned money but hey it's not mine so I don't care. Just reporting the numbers. Capt has had a ok year? Not spectacular that's for sure
-
Not mine either Jim,,,,the captains higher end babies did more than hold there own
-
Saw the sister of JK She's A Lady and JK Endofanera, what a nice filly! She should also have residual value in the breeding shed if she doesn't earn the investment back on the track! tmbz1
I hear that family is considered very outdated by many
-
Bought my first 6 figure yearling (trotting colt) but man it’s tough when the big guys raise their hand on everything. For me it was pay the Gov’t or buy a horse and get the 100% depreciation. Eligible in two states.
-
Good luck. tmbz1
-
First night at lex is when people pay $200,000 for horses that 25 to 50,000 $ horses beat next summer.
-
It’s a pissing contest
-
Fast forward 5 years: how many horses out of 100 when all is said and done have made money beyond all bills ( vet, training, stakes, shoes, shipping) and purchase price? I don't have the answer but what is your guess?
-
BB, I did some research years back and it's difficult to say but a overall percentage for harness 12-14% which is a bit better then th 8-10% for thoroughbred. It's a tough sell when 146 MH sell in 2 years bringing 18m dollars. There just isn't enough big races to win at 2 and 3. Only 1 can win the Oaks or Hambo. 1 can only win a Sire finals, or Earl Beal, and this is just 1 sire and it doesn't mean MH bred horses win all the big races anyway. Let's not forget buying yearlings your holding the bag for 10 months before they tend to race. For the heck of it 146 yearlings say x3,000 for just a training bill your at 438k for 1 month. So tack on another +4m to your 18m and you haven't added in the major stake payments and other etc etc etc. The top of the game is played by the top players with most the money. For them it's a money churn to normal income. Everyone wants that great colt to win a Hambo then get a syndication. Or a breeding farm that sees potential in a young race horse and pays up for future jackpot. It's all risk and how one manages it. If the top is willing to lose money then more power to them otherwise the game would be much different.
-
evry body has the right to dream,
and if they can afford the bills and horses more power to them
..jmho..
I hope all do well,,
tmbz1
-
I hear that family is considered very outdated by many
smart man tmbz1
-
Rid Flair bought 223 a American Ideal pacing colt for 24k
-
Average was 83 k and change tonight
I’m interested to see what happenes at harrisburg
-
Everybody complains about the high cost, except those who are the sellers. You know you can get into the business from the selling angle also. But I guess that doesn't give the ego a boost when you hope to hear, "your horse raced great" and that is what buyers want to hear, Ego Flattering comments, There are very, very few Humble people in this industry
-
Money makes the world go around. If you've got it, flaunt it. Certainly doesn't hurt the business.
The big fish buy the flawless and pedigreed, while the little guy tries to find something with a flaw or two that don't stand in the way of a successful racing career.
It's a lottery. Like finding a top 6 forward in the 7th round of the draft.
-
hahahaha
good one
ric flair doesn't have $24 let alone $24k
whooooaaaa!!!
-
Bought my first 6 figure yearling (trotting colt) but man it’s tough when the big guys raise their hand on everything. For me it was pay the Gov’t or buy a horse and get the 100% depreciation. Eligible in two states.
that is EXACTLY what is causing the high prices
buy the horse or pay the government but if the horse is great you just hit the lottery
good luck!!!
tmbz1 tmbz1 tmbz1
-
Bought my first 6 figure yearling (trotting colt) but man it’s tough when the big guys raise their hand on everything. For me it was pay the Gov’t or buy a horse and get the 100% depreciation. Eligible in two states.
Good luck with your purchase. I pondered the last part of your comment (pay the govt or buy the horse and get 100% dep); of course the key here is being able to substantiate that one is in the business of racing, and not merely of course invested in what's construed a hobby. Always tricky with the IRS. That aside best of luck racing!
-
Hobby or not if the person is new to the industry you usually have 7 years to show your in it to make a profit. If you happen to put back to back profit years together your good for a long time. 100% not sure if that person thinks it in 1 year it's not. The depreciation is over 3 years 33%. It was 100% for a couple years during the recession. With the IRS and horse racing it's always a red flag but you have sometime to show profits. If your in it for a long time it's best to show profits at some point.
-
Hobby or not if the person is new to the industry you usually have 7 years to show your in it to make a profit. If you happen to put back to back profit years together your good for a long time. 100% not sure if that person thinks it in 1 year it's not. The depreciation is over 3 years 33%. It was 100% for a couple years during the recession. With the IRS and horse racing it's always a red flag but you have sometime to show profits. If your in it for a long time it's best to show profits at some point.
I believe we are back to accelerated depreciation (but I'm not an accountant)
-
a Muscle Hill sold for $30,000 and another for $10,000 tonight
sometimes they aren't huge sellers
-
That 4th leg would have came in handy on those two. All kidding aside there looked to be many that had value on day 3 for some reason. Sale was down 12.5% from last comparing day 3. Will be interesting over the next two days and especially day 5 where you have many that aren't the PA, NY, and NJ yearlings.
-
weak prices tonight but lesser prospects
-
Wonder what has been driving the last two sessions. There where plenty of yearlings with duel eligibility to KY that should carry some premium. But a lot sold under the 20k range meaning if you where looking for a horse one could have picked from the liter and gotten what they wanted. See what tomorrow brings if the ones held back from OH and IN sales and sold here.
-
The rosy outlook just a week ago turned bleak this week. Markets in turmoil and margin calls being asked before horse sales purchases a week ago. Harrisburg hoping for a stock market turnaround because day 3, 4, and 5 left a lot to question.
-
The big horse buyers usually age 50+ never use margin to become wealthy
-
The rosy outlook just a week ago turned bleak this week. Markets in turmoil and margin calls being asked before horse sales purchases a week ago. Harrisburg hoping for a stock market turnaround because day 3, 4, and 5 left a lot to question.
the last 2 times the VIX volatility index was over 26 (closed 26.89 today) and the percentage of stocks over their 40 day moving average was 11.19, were in late February and early April this year
both times the markets rallied huge right afterwards
watch what happens now
futures up nicely tonight
many of the big banks report early Friday morning
also, a racing friend told me tonight horse prices actually went up this week as people wish to invest in horses as less volatile investments (I kid you not), we'll see if he's right
there's still a while till the sale
-
When some of the broodmares in the sale were going for as much $$$$ as some yearlings, it makes you wonder what is going on in the business today.
all depends on the prospect
some sold low, some high
-
We'll of course my comment is tongue in cheek since I did sell one in partnership for way more then I thought she sell for. Bull markets need corrections before they head higher. We are over sold and there are plenty of stocks in bear market and in correction mode. It is a fed story but since we are getting into the start of earnings the market will need earnings more then ever to keep the market from going lower and suffering deeper loses. I do think the last three days of Lexington is a worry for Harrisburg. I think the market has consolidated further with something like the stable.ca taking away more of the bottom away from bidding on horses. That know the bottom has somewhere to go and spread among yearlings like the top does. It leaves a vapor gap for those 25k-30k horses to find a bid and those suffered.
-
We'll of course my comment is tongue in cheek since I did sell one in partnership for way more then I thought she sell for. Bull markets need corrections before they head higher. We are over sold and there are plenty of stocks in bear market and in correction mode. It is a fed story but since we are getting into the start of earnings the market will need earnings more then ever to keep the market from going lower and suffering deeper loses. I do think the last three days of Lexington is a worry for Harrisburg. I think the market has consolidated further with something like the stable.ca taking away more of the bottom away from bidding on horses. That know the bottom has somewhere to go and spread among yearlings like the top does. It leaves a vapor gap for those 25k-30k horses to find a bid and those suffered.
Friday the market was up substantially and I believe it will be higher before the Harrisburg sale
-
today's London, Canada sale;
In front of a capacity crowd at the Metroland Media Agriplex, a total of 98 yearlings sold during the first session for gross sales of $2,812,600. That number substantially tops the $2.48 million gross from the 2017 sale with fewer yearlings sold. The average for the first day came in at $28,700, up 31 percent from the first-day 2017 average of $21,793.
http://standardbredcanada.ca/news/10-13-18/london-selected-day-one-complete.html
-
They can shift the numbers all they want on day 1 selling twenty something fewer horses. At days end the sale ended up 8% lower from a year ago. This year ave 22,600 vs last year 24,600. Total net 500k less with 6 more horses sold this year. Seems the theory so far this year, top is still good but the middle and bottom are finding fewer bidders to bid. Lexington ended the sale overall lower and with two more sales to go and a 1,100 or more head to sell the question left how much money left in the tank? Yoder cleaned up in IN and the big names failed to cash big checks. I suppose the Breeders Crown will help out those going to Harrisburg.
-
They can shift the numbers all they want on day 1 selling twenty something fewer horses. At days end the sale ended up 8% lower from a year ago. This year ave 22,600 vs last year 24,600. Total net 500k less with 6 more horses sold this year. Seems the theory so far this year, top is still good but the middle and bottom are finding fewer bidders to bid. Lexington ended the sale overall lower and with two more sales to go and a 1,100 or more head to sell the question left how much money left in the tank? Yoder cleaned up in IN and the big names failed to cash big checks. I suppose the Breeders Crown will help out those going to Harrisburg.
I believe if you have the prospect, the yearling will sell well
if you don't, it won't
-
the last 2 times the VIX volatility index was over 26 (closed 26.89 today) and the percentage of stocks over their 40 day moving average was 11.19, were in late February and early April this year
both times the markets rallied huge right afterwards
watch what happens now
futures up nicely tonight
many of the big banks report early Friday morning
also, a racing friend told me tonight horse prices actually went up this week as people wish to invest in horses as less volatile investments (I kid you not), we'll see if he's right
there's still a while till the sale
the market rallied nicely 2 out of the last 3 trading days
nice recovery but let's see what happens
-
the market rallied nicely 2 out of the last 3 trading days
nice recovery but let's see what happens
If your this focused on the short run
You are sure to go broke
Stop watching CNBC
They are drama queens
-
If your this focused on the short run
You are sure to go broke
Stop watching CNBC
They are drama queens
When is the next Free Equus Loser of The Month?
-
When is the next Free Equus Loser of The Month?
I’ll trade you for a get filthy rich pick this weekend at pocono
-
I’ll trade you for a get filthy rich pick this weekend at pocono
It's subscription based now.
-
Where do I sign up??
-
It's subscription based now.
Sounds like it’ll pay for itself
-
Where do I sign up??
FAT GUYS VERBOTEN...SORRY
-
If your this focused on the short run
You are sure to go broke
Stop watching CNBC
They are drama queens
I don't watch CNBC, I posted I thought the market may have bottomed on Thursday
-
Is Lexington the sale that Allard made the big splash at last year??? I don't think he spent much this year, for that matter I can't remember him having any 2yo that amounted to anything this year.
-
Bought 12 for a total of 882k.