Author Topic: Luther’s $1.8 Mil Investment a Flop!  (Read 25834 times)

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The Answer

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Re: Luther’s $1.8 Mil Investment a Flop!
« Reply #30 on: June 24, 2025, 09:00:18 AM »
Luther is fed up with Ake. Trainer change in the future is definitely on the table.

Harnessfan902

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Re: Luther’s $1.8 Mil Investment a Flop!
« Reply #31 on: June 24, 2025, 09:45:19 AM »
Ake got his money.   Need to move the horse to Noel Daley.  He is on fire

hoosierboy

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Re: Luther’s $1.8 Mil Investment a Flop!
« Reply #32 on: June 24, 2025, 12:42:10 PM »
Luther is fed up with Ake. Trainer change in the future is definitely on the table.

If the horse was worth a fuck Ake would have bought in.  Horse wouldn’t beat open horses at Hoosier or scioto.  Easy to blame others for bad decisions

PineHurstPacer

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Re: Luther’s $1.8 Mil Investment a Flop!
« Reply #33 on: September 23, 2025, 06:36:40 PM »
Horse just made a colt break at the quarter racing at Dayton in NW condition

has to be the biggest bust ever......

Hay 4 sail

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Re: Luther’s $1.8 Mil Investment a Flop!
« Reply #34 on: September 23, 2025, 08:55:56 PM »
He looked like shit tonight
 

Brown jug

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Re: Luther’s $1.8 Mil Investment a Flop!
« Reply #35 on: September 23, 2025, 09:40:12 PM »
amazing catch is a worse buy than maverick at $1m and thats saying something

NOTHING BUT TRUTHS

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Re: Luther’s $1.8 Mil Investment a Flop!
« Reply #36 on: September 23, 2025, 10:18:02 PM »
You can always make more money.

Grandstand Handicapper

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Re: Luther’s $1.8 Mil Investment a Flop!
« Reply #37 on: September 24, 2025, 11:56:34 AM »
Bad decision from jump, and it just got worse. If the horse was really a top horse, there were several potential buyers who would be interested. He simply wasn't. Poor due diligence, Luther was on the horse, the price got run up, and it was a bust. Unfortunately, it happens a lot. The business ends up losing what could have been a very good owner.

Checked Up

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Re: Luther’s $1.8 Mil Investment a Flop!
« Reply #38 on: September 24, 2025, 12:12:40 PM »
Every former multi millionaire who is now broke started their decline with reckless spending!WORD!!

hoosierboy

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Re: Luther’s $1.8 Mil Investment a Flop!
« Reply #39 on: September 24, 2025, 03:08:40 PM »
Bad decision from jump, and it just got worse. If the horse was really a top horse, there were several potential buyers who would be interested. He simply wasn't. Poor due diligence, Luther was on the horse, the price got run up, and it was a bust. Unfortunately, it happens a lot. The business ends up losing what could have been a very good owner.

His dumb ass isn’t going anywhere he will keep over spending on trash

Grandstand Handicapper

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Re: Luther’s $1.8 Mil Investment a Flop!
« Reply #40 on: September 24, 2025, 03:13:57 PM »
Maybe. My experience is that no matter how much they enjoy the sport and the business, eventually, they just get tired of writing checks, no matter how much money they have. Or, they eventually find some money losing proposition they enjoy more. LOL. I guess we'll see. For as long as he's here, he'll be a target.

Checked Up

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Re: Luther’s $1.8 Mil Investment a Flop!
« Reply #41 on: September 24, 2025, 07:16:35 PM »
Why do you jerks worry about how some one spends their money I am sure he not worried.
I seriously doubt that any plopsters "Worry" about Luther's money! You  must be looking for a handout from him for sticking up for him SMH!


Brown jug

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Re: Luther’s $1.8 Mil Investment a Flop!
« Reply #42 on: September 25, 2025, 03:36:52 PM »
i would assume there was a underbidder
i would assume the underbidder was andrew harris group
no way someone is "running him up" to that level
any running up would have stopped at about $1m or so 

Grandstand Handicapper

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Re: Luther’s $1.8 Mil Investment a Flop!
« Reply #43 on: September 26, 2025, 12:37:25 PM »
Most times there is an underbidder. Sometimes there isn't. LOL. I am not saying there wasn't, but everyone knew who was on the horse. Neither Katz or Libfeld had to worry about getting premium dollars on this horse. Ake was the X-factor, LOL. Anyway, when you have one or two people on a horse, sometimes the auctioneer will simply add a bid. If it keeps going, it goes. If it doesn't, then they give the back off call. In Harrisburg, there are a few farms that are well known for this, and when you see the back off call, it means it might be a buy-back unless there was a real bidder and they can get them to go one more.

On Amazing Catch, the bidding was frenzied, opened at $200k, and went to a million, million one, rapid fire. I saw Luther bid and then I walked back to the corridor and saw Harris bid. Luther was stone cold and Harris was on the phone. I don't who was a live bid and who wasn't, but an extra bid might have been thrown in there. I don't know. It's not the first or hundredth time it's happened.

Stan durbread

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Re: Luther’s $1.8 Mil Investment a Flop!
« Reply #44 on: September 27, 2025, 04:30:08 PM »
Most times there is an underbidder. Sometimes there isn't. LOL. I am not saying there wasn't, but everyone knew who was on the horse. Neither Katz or Libfeld had to worry about getting premium dollars on this horse. Ake was the X-factor, LOL. Anyway, when you have one or two people on a horse, sometimes the auctioneer will simply add a bid. If it keeps going, it goes. If it doesn't, then they give the back off call. In Harrisburg, there are a few farms that are well known for this, and when you see the back off call, it means it might be a buy-back unless there was a real bidder and they can get them to go one more.

On Amazing Catch, the bidding was frenzied, opened at $200k, and went to a million, million one, rapid fire. I saw Luther bid and then I walked back to the corridor and saw Harris bid. Luther was stone cold and Harris was on the phone. I don't who was a live bid and who wasn't, but an extra bid might have been thrown in there. I don't know. It's not the first or hundredth time it's happened.
No auctioneer is throwing in a bid once over a million. They only do that to the fools on low to mid priced horses

 

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