OBS - any feedback?

Talk about upcoming sales or auction results.

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Sock Monkey
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OBS - any feedback?

Postby Sock Monkey » Wed Apr 23, 2008 9:51 am

After Day 2, the results look fairly weak. I was hoping to attend, but wasn't able. Does anyone who is there have any feedback? What are people saying?

Hold Your Peace
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Postby Hold Your Peace » Wed Apr 23, 2008 12:03 pm

Huge crowd of people there.

Lots of buying from interests that race in Puerto Rico.

The Korean's are back buying some as well.

New York breds are selling really well as there are quite a few people from racing stables that run in New York in attendance.

It's basically what you expect from this sale.

If you see something really well bred, or by a really high class stallion, in this sale don't expect it to go for much usually because a really well bred horse or a horse by a really high class stallion isn't going to be in OBS April sale unless there are some serious problems. As an example, on Monday, you saw a Posse colt sell for a $1,000 and the very next hip was a Proud Citizen filly who sold for $4,000. Later that day I saw a Smoke Glacken colt go for $5,500 and so on and so on. Even today there was a Storm Cat sold for $400,000. But $400,000 is actually really cheap for a Storm Cat especially now that he's slowing down and now that there won't be that many more of them.

No pedigree doesn't work that well either, even with a fast work. A Deputy Wildcat filly that worked an 1/8 in a bullet 10 flat RNA'd for $39,000 yesterday but it was a tribute to her work that the bidding even went that high because her catalog page is one of the worst you've ever seen.

But for what this sale is I think it's okay. Realistically most of these horses will be running in $25,000 maiden claimers, if not in their debut then very soon thereafter, and it just doesn't make any sense to spend much more than $20,000 to $25,000 on them.

Foggytrip
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Postby Foggytrip » Wed Apr 23, 2008 5:46 pm

I disagree. Ive been outbid on 5 horses in the last couple of days that I couldnt believe sold for what they did.

There are a lot of bad horses, but the good ones have a lot of interest.

journeyman
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Postby journeyman » Mon Apr 28, 2008 2:33 pm

OBS April was like it is every year. If you have a horse worth $50,000, you'll get it. If your horse is worth nothing that is what you get. If you have a $200,000 dollar Storm Cat yearling, you can get $400,000 for it. I wish every sale I attended was as honest as OBS April!

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helen in FL
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Postby helen in FL » Mon Apr 28, 2008 3:03 pm

Is there a way to contact the consignors? I tried to google one but no phone number popped up!

Crystal
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Postby Crystal » Tue Apr 29, 2008 6:10 am

Helen, who were you trying to find?