Derby Trail Forums - KEE SEPT: Book 2, 5 day cumulatives show huge gains

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Another very strong day..

Session

Gross $32,819,500 (up 38%)
Avg. $152,649 (up 25%)
Med. $130,000 (up 53%)

4-day cumulative

Gross $111,176,000 (up 16%)
Avg. $204,368 (up 13%)
Med. $170,000 (up 42%)

Quote:

Originally Posted by MaTH716 (Post 807033)

Hip 942
http://apps.keeneland.com/sales/sep11/pdfs/941.pdf
Sold for 1.3 million

That filly was ginormous. I'd love to know how many hands she is already. I felt bad for that one filly that went for $3,000 after causing all that trouble before she ever made it into the ring. She seemed so scared.

Quote:

Originally Posted by MaTH716 (Post 807038)

Hip957
http://apps.keeneland.com/sales/sep11/pdfs/957.pdf
Sold for 1.35 million

Frank Stronach buys..

Quote:

Originally Posted by MaTH716 (Post 807033)

Hip 942
http://apps.keeneland.com/sales/sep11/pdfs/941.pdf
Sold for 1.3 million

Ben Leon (Besilu) strikes again..

Halfway point of Day 3/Book 2:

$180K Average (+54%); $140K Median (+40%)

Anybody else go 'Ball Four!' when his half sibling went through the ring a minute ago? Just me? Okay. :p Some horses just make you smile. Went for $35,000.

Quote:

Originally Posted by Merlinsky (Post 807060)

Anybody else go 'Ball Four!' when his half sibling went through the ring a minute ago? Just me? Okay. :p Some horses just make you smile. Went for $35,000.

I saw him, I thought he was going to go for more than 35k.

Leon takes home half sister to Afleet Alex by Curlin for $500k..

Why does the auctioneer remark in the May or June foals with such enthusiasm? I would've thought that was a negative. Don't they prefer Jan/Feb foals? Or is it a way of saying there's more growing/improving to do so they could be nicer than they look right now?

William Clifton has purches 5 so far at the sale. Looks like Jim Bond will have some non home Bred 2 year olds next year. That is good use of the Tizway $$$$$$$$.

Jim Tafel has bought 3 Street Sense fillies.

Thursday rounds out a 3rd day of excellent Book 2 results...

Avg. up 38%; Median up 30%; Gross up 46%.

Through five days, sale well ahead of 2010
By Matt Hegarty

Overall through the first five days, Keeneland has sold 753 horses for gross receipts of $145,216,500, a 22.4 percent increase over the gross for the first five days of the sale last year and an amount that exceeds by $3.2 million the gross for the first six days of the sale last year. The cumulative average price has been $192,851, a 17.6 percent increase over the average last year. And median has skyrocketed 36.4 percent to $150,000, an indication that the upper middle-market has strengthened considerably.

Quote:

Originally Posted by Kasept (Post 807116)

It is a stretch to call the last 5 days "upper middle market".

Quote:

Originally Posted by Kasept (Post 806469)

Market Talk: Analyzing Keeneland's Opener

Craig Bandoroff, Denali Stud: “The two horses of ours that they (the buyers) wanted sold very well. We had a few buy-backs, which is something I don’t like. But I think when you’re at this level, you’re selling for people who have the wherewithal to keep their horses if they really want to keep them. It’s not like when you get into Book Three (of the sale catalog) and you’re selling for people that this is how they make their living.

“In Book One, if somebody has a really nice horse, they generally get aggressive and say, ‘Look, I’m willing to sell it, but I’m not going to sell it unless you give me what I want.’ I never have a qualm with a guy who has a really nice horse (and wants a big price). It’s when they get unrealistic on a not-so-nice horse that it gets difficult.

“I think there’s an oversupply of certain sires and it hurts you (as a seller). When there are so many of them, they (buyers) say, ‘Well, you know, that’s a nice one, but I like this one better.’ It’s not that anybody is doing anything wrong, that’s just the way it is.”

Read more: http://www.bloodhorse.com/horse-raci...#ixzz1XlvLTCR7

It's been that way for years and the breeders don't care. Giant's Causeway has his share of 5K sales so those who spend 75+K know fully well there are going to be up to 200 other foals by the same sire.