Marquis Diamond to Reddam/Hennig
 

Filly who won by open lengths Sunday at the Big A has been sold to Reddam/Hennig.

The horse that rode the gold rail to a victory in a fifth of a second faster than Mr. Tater? And now he goes to one of the worst trainers in the business? After running for $75K in his debut?

Sounds like a con job to me. That horse will be running for a tag very shortly if he stays in training. I hope for the new owner's sake he didn't pay six figures.

Well, Reddam is trying to increase his East Coast influence and also bought Barcola last week from the same trainer according to an article in DRF(I'm too lazy to find the link now, so sue me).
Cannon Shell do you have anything to add to this thread before I go to bash my head against the ****ing bathroom floor until I am bleeding and unconscious?

He bought future $15K claimer Barcola as well?

I guess he doesn't know what a track bias is. Too bad. I always feel bad when I see someone spend money in the game and use such horrendous judgement.

Oh, and by the way, don't let anyone stop you from the head bashing.

I won't. cannon's wife is probably wondering why he is vomiting.

I remember being involved in this race and thinking before hand what a bad maiden race it was. None of the firsters were live and i watched the winners replay of her first race and thought she had a chance. BTW hit it right when she rode the bias and won. She's not that impressive in the flesh also. But one thing Contessa does well is sell. He sold that bum of a late running sprinter last winter to those California connections. Cant think of his name now but he ran against Achilles last winter and sold him for a good six figures after winning for 75k....

Mr Tater, LOL! I thought for sure Ziplocked would run good and I would have bet him had he not dippd down to 3/1 with 2MTP.

Kevin gave me this rat Lucky Straight who was also in that same race and I believe he finished on strongly for 5th!

Nice one Kevin.

Mike, no head bashing please. You'll get a headache and be of no good to us tomorrow when handicapping Philadelphia Park.

That Contessa horse actually showed up in the entries the other day for his first race in about eight months. He was a bum. He actually ran in the Gotham, Mig rode him, and he was ninth by a million. I can't remember his name either.

His name was Like Now.

Wrong, his name was Sunshine Alpine.

Thats correct. In my aggravated state I typed the name of the winner.

It certainly wasn't him.

Very good.

Hey Oracle. to the best of your knowledge does Contessa sell the horses himself or does he deal with agents. I know he's constantly trying to peddle of his cheaper horses himself, just wasn't sure about the more pricey ones.

I always talk to him direct. He doesn't use agents to sell to the best of my knowledge. I think he does his own buying as well.

Gary Contessa is very well known as a seller. Not every owner of his is a seller and not every horse is for sale. Then again, as they say, everyone/everything always has a price. LOL. Whenever he and I talk he always tells me what he has for sale, what he likes, etc. -- me and about a zillion other people. We've talked quite a bit about his selling -- for example, professionally speaking (as it relates to the tax aspect, tax planning/reduction strategies, etc.).

If he doesn't own a piece of the horse he gets paid by his owner(s) if they sell one for a nice price. He tends not to "market" his horses through agents or use them to sell, but that doesn't mean if an agent contacts him for a certain horse he won't deal with him/her. He is a "seller" and his motivation is to sell. In reality, he doesn't need anyone to market his horses because he is so well known as a seller. Certain people who buy from him might have their own agent (or in some cases a manager perhaps) or someone they know do the work. Kind of like a "buyers agent". Gary is sharp and he knows the market.

Eric

I agree hes very sharp in knowing the market, very. His prices are never unrealistic like some folks are when you call them. He knows how far to push the envelope.

I think "realistic" is in the eye of the beholder -- or the person who has a vested interest in sale going through, LOL. As an owner, I tend to look at economics. Not that economics exclusively dictate, because if that was the case a buyer would never buy a horse. You could never just examine the economic side -- heck, I'd never get a horse bought in my life. There is always going to be some sort of unquantifiable, intrinsic, etc. value that must be part of the equation. People pay premiums for innumerable reasons.

However, when looking at economics, it is very easy to see that the marketplace is very "inefficient" and is very "overvalued". I am not talking about the kind of horses that people buy for $250k and up off of a maiden score, second lifetime start, etc. Look at what people pay for NY breds -- all because there is so much value. At various points in time during the year you have 2 or 3 easy conditions that you can go through -- and you are looking at $125k to $130k of purse money.

Take everything you think and know about the "market" per se and throw it all out because it is very simple to figure out how much a horse is worth. As we have all heard -- a horse is worth . . . what someone is willing to pay. LOL.

Eric

Sunshine Alpine?

EDIT: beaten. sue me.