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#1
09-10-2012, 03:29 PM
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OBS June 2008 review
I thought this would be a fun thing to look at.
The OBS June 2008 sale was the last sale that took place before the so-called 'great financial crisis of 2008' ... probably one of the dumbest times in history to buy a horse because the overvalued market started to fall apart right after this sale. Here are the 20 most expensive horses who sold at this sale in order of most expensive downward. The eventual owner took a bloodbath on 19 out of the top 20 horses. These forms were taken during the 4yo season of each horse. The mighty Komodo sold for 20K at this sale and already had 3 wins and was claimed away at the time of these forms -- all despite being so unsound he couldn't train and getting a DNF in his 2nd start. The auction price is located above the horses sire.     
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#2
09-10-2012, 03:29 PM
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#3
09-10-2012, 03:31 PM
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#4
09-10-2012, 03:31 PM
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#5
09-10-2012, 03:32 PM
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#6
09-10-2012, 03:47 PM
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The top 20 cost a combined total of $2,572,000 just in auction price.
Half of the 20 -- even to this day -- have never won a maiden race. Of the ones who did, some of the others needed to drop into cheap maiden claiming races to do it. None of the 20 ever came close to winning a stakes race of any kind. The combined career earnings of all 20 horses didn't even pay for their upkeep. Had you bought all 20 -- you would have lost a lot more than the $2,572,000 purchase price.
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#8
09-10-2012, 04:23 PM
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Look at this one:
They paid $125,000 for it -- gave it to Bob Baffert (who charges what -- $120 a day?) and ultimately, the horse finished 8th in a $3,500 maiden claiming race at Beulah Park. The purse for that race at Beulah was just $3,800 -- so a win would have returned a lot less than 2K after the jockey and trainer is paid off. A win in that race might have paid for about 10 days in the Baffert barn or the cost to ship across country ... which they did twice with this horse. Baffert obviously had the horse for several months before it eventually debuted.
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#10
09-10-2012, 06:04 PM
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Quote:
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#11
09-10-2012, 06:22 PM
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Quote:
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#12
09-10-2012, 07:04 PM
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Quote:
That was a stupid market -- everyone seemed to have too much money to spend until the so-called financial crisis came in the second half of that year. The 2008 yearling sales at around this time and 2009 2yo sales were atleast a lot closer to reality.
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#13
09-10-2012, 08:14 PM
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Big Gavel
 If you could have seen him at that sale, you would have sworn he would blast through walls.... He was 3/4th's to Judge Sez Who, who was Judge TC's most lucrative offspring, winning a GIII and almost a million on the track, and looked every bit the part. Unfortunately, he was also the dumbest racehorse that ever blessed this earth and was done before he figured it out... He did however wind up managing a serviceable career as a claimer at Finger Lakes but scratched him from my watch list long ago and don't even know if he is still in training. I did manage a phat p4 at Tampa using him at a big price a meet or two ago, but that was one of the most disappointing purchases ever. [/redboard brag]
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#14
09-10-2012, 08:25 PM
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These are the 2012 stakes winners from June OBS:
7/21/2012 Good Lord Don Bernhardt Stakes ELP OBSJun09 6/30/2012 Good Lord Wild And Wonderful Stakes CT OBSJun09 1/14/2012 Lou's Angel Wishing Well Stakes TP OBSJun09 5/5/2012 Flightofalifetime Cool Frenchy Stakes HOL OBSJun10 7/7/2012 Another Romance Azalea Stakes G3 CRC OBSJun11 4/20/2012 Tapajo Goldfinch Stakes PRM OBSJun11 6/9/2012 Another Romance Leave Me Alone Stakes CRC OBSJun11 5/6/2012 I'll Stake You New York Stallion Times Square Stakes BEL OBSJun11 3/12/2012 Crafty Unicorn OBS Championship Stakes OTC OBSJun11 6/2/2012 Tapajo Panthers Stakes PRM OBSJun11 7/15/2012 Morrow Cove Serena's Song Stakes MTH OBSJun11 1/7/2012 Mr. Prankster Turfway Prevue Stakes TP OBSJun11 2/4/2012 Mr. Prankster Webn Stakes TP OBSJun11 Another Romance was the only Graded winner this year to graduate from June OBS, and historically the sale has been a very bad proposition - Although Giant Ryan is probably the most prolific grad (G2 Smile Stakes, 2011) Last edited by Rudeboyelvis : 09-10-2012 at 08:37 PM.
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#16
09-11-2012, 08:05 AM
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Quote:
Those were all from the June 2009, June 2010, and June 2011 sale. June 08 was pretty brutal. The sales topper from June 07 won the King's Bishop and competed in the Kentucky Derby. June 2007 was actually a pretty decent sale.
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