tag:blogger.com,1999:blog-8711985.post8574636514621372758..comments2024-03-05T05:38:22.024-05:00Comments on Left at the Gate: News, Notes, and Damn ShameAlan Mannhttp://www.blogger.com/profile/12570505944559196118noreply@blogger.comBlogger16125tag:blogger.com,1999:blog-8711985.post-64790688988769298832007-12-03T19:29:00.000-05:002007-12-03T19:29:00.000-05:00No problem Alan. You're just trying to do what's ...No problem Alan. You're just trying to do what's right in your heart of hearts. I wish all of racing's "Pu-Bahs" would be as passionate as we are. Racing horses is a "sexy" enterprise with too many wannabes and insiders prefering to exert control. Because you have a voice and a position that you consistently support, I respect you even though we are worlds apart on the NYRA. I can't reveal myself to the world now becasue the NYRA has a history of snubbing those that speak out against its rule. Sad but true.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8711985.post-75814344813803567442007-12-03T12:47:00.000-05:002007-12-03T12:47:00.000-05:00>>No, not a Capital Play troll, just a truly veste...>>No, not a Capital Play troll, just a truly vested industry advocate. Breeder, owner, handicapper, bettor, fan, a person with many hats and a passion for the thoroughbred.<BR/><BR/>Fair enough, and apologies then for the mis-characterization.Alan Mannhttps://www.blogger.com/profile/12570505944559196118noreply@blogger.comtag:blogger.com,1999:blog-8711985.post-49951646174960254062007-12-02T18:27:00.000-05:002007-12-02T18:27:00.000-05:00No, not a Capital Play troll, just a truly vested ...No, not a Capital Play troll, just a truly vested industry advocate. Breeder, owner, handicapper, bettor, fan, a person with many hats and a passion for the thoroughbred. I have personally experienced the NYRA arogance and corruption, and as an honest businessperson with reasonable judgment, I am asking for NY to do better than rewarding the bullies with more time to further destroy American racing. Who's to say racing needs a known quantity to take it out of its doldrums. Maybe a casion operator isn't right, but how about just good intelligent honorable folks?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8711985.post-57539264164747385172007-11-30T12:25:00.000-05:002007-11-30T12:25:00.000-05:00Anonymous - Thanks for the detailed info in your a...Anonymous - Thanks for the detailed info in your answer to my question about Bellamy Road. I can't say I've done any real research, but $10K for him sounds awfully cheap for him relative to other equally unproven (but far less brilliant) recent retirees (like Stormello). Of course even if I had the money to go ahead and buy a mare (or a share in the syndicate) I'd want to find some way to hedge my investment, since I think the entire breeding industry is in something of a 'bubble' right now. Are there any publicly traded breeding operations that I could short sell as a hedge? - Alex ("anonymous")<BR/><BR/>P.S. The other stallion that seemed surprisingly cheap to me is Exclusive Quality at $5K. I realize he only raced 4 times, but he won at up to a mile, set a track record, and in those four starts managed to beat Bernardini, Songster, In Summation, and ??? (I'm momentarily forgetting one other eventual Grade II winner).Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8711985.post-72616495951382261482007-11-30T11:38:00.000-05:002007-11-30T11:38:00.000-05:00Check out LeBrun's article in today's Times-Union....Check out LeBrun's article in today's Times-Union. Only skimmed it, but sounds like things are close to done. Perhaps that's the cause of the escalation?<BR/><BR/>Equidaily's got NYRA news bannered across its center.Teresahttps://www.blogger.com/profile/03118955760148482020noreply@blogger.comtag:blogger.com,1999:blog-8711985.post-70963223548481491672007-11-30T11:21:00.000-05:002007-11-30T11:21:00.000-05:00>>Still don't understand why Anon is so down on NY...>>Still don't understand why Anon is so down on NYRA.<BR/><BR/>Methinks this particular anon is a Capital Play troll....same tone as the deceptive anti-NYRA ads, which I saw on the local Fox affiliate this morning. That's an escalation of airtime purchases, as it was previously limited to cable channel NY1.Alan Mannhttps://www.blogger.com/profile/12570505944559196118noreply@blogger.comtag:blogger.com,1999:blog-8711985.post-49428794118504490952007-11-30T11:19:00.000-05:002007-11-30T11:19:00.000-05:00...and by the way, thanks much for the interesting......and by the way, thanks much for the interesting commentary.Alan Mannhttps://www.blogger.com/profile/12570505944559196118noreply@blogger.comtag:blogger.com,1999:blog-8711985.post-64401045933385039082007-11-30T11:17:00.000-05:002007-11-30T11:17:00.000-05:00Still don't understand why Anon is so down on NYRA...Still don't understand why Anon is so down on NYRA. When all is said and done, NYRA is as good as you're going to get for the racing franchise, period. Nowhere have I heard a better case presented for any other entity. If not NYRA, then who??? /S/Green Mtn PunterAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8711985.post-68431947148247769732007-11-30T11:11:00.000-05:002007-11-30T11:11:00.000-05:00Walden says that Steinbrenner has retained some sh...Walden says that Steinbrenner has retained some shares and will support him with Kinsman mares.Alan Mannhttps://www.blogger.com/profile/12570505944559196118noreply@blogger.comtag:blogger.com,1999:blog-8711985.post-40785896868427918522007-11-30T11:03:00.000-05:002007-11-30T11:03:00.000-05:00Well it is an old fashioned syndication, rare nowa...Well it is an old fashioned syndication, rare nowadays, but there is no information regarding share cost on Hurricane Halls under construction web site.<BR/><BR/>Not really a stallion type pedigree, particularly on the dam side, which accounts for the low entry fee, but a quick look indicates the three pronged ownership group is purchasing a ton of decent mares presumably with which to support him.<BR/><BR/>If you google the stallion there are some interesting quotes from Walden in particular his logic in syndicating, which I agree with.<BR/><BR/>Interesting.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8711985.post-65121099365130869432007-11-30T10:33:00.000-05:002007-11-30T10:33:00.000-05:00anon-I had the same idea with Allen's prospect abo...anon-<BR/><BR/>I had the same idea with Allen's prospect about 20 years ago, tried to buy a share without owning a mare to no avail because they wanted shareholders to support the mare, not speculators.<BR/><BR/>To answer your questions, the only way to profit without owning a horse would be to purchase a share now, sell the seasons annually and hope for appreciation in the share. You would lose money initially selling the seasons, and have to pay your percentage share of upkeep. <BR/><BR/>This presumes the stallion is actually syndicated and not privately held. In the latter case you may still be able to hunt down a share owned by the farm or maybe the trainer. <BR/><BR/>Assuming he is syndicated they prefer not to sell one unless you play to support the stallion, but if demand is light, which apparently it is, you can try.<BR/><BR/>Future breeding seasons usually are attached to owning a share, with one annual right per share. <BR/><BR/>In the initial years an extra breeding right is sometimes attached, but disappears after a few year.<BR/><BR/>There is no stock market equivalent as far as buying futures.<BR/><BR/>They book only seasons for the upcoming year, so no point booking one if you do not own a mare nor will they let you do so. If you could flip the season at a profit the farm would already raise the price.<BR/><BR/>IF you really feel strongly about him and have the money, would suggest buying a decent hard sound mare and breeding her in year 3, the most speculative year, when his first crop is about to hit the track. <BR/><BR/>IF correct and they come out running, his stud fees will have risen and your foals will be worth plenty by the time they are ready to sell but his is EXTREMELY speculative and remember 90% of stallions fail including many that appear to be no brainers on paper.<BR/><BR/>Good luck.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8711985.post-2021470587917245912007-11-30T08:10:00.000-05:002007-11-30T08:10:00.000-05:00Regarding Biancone: had he ever been charged with ...Regarding Biancone: had he ever been charged with anything I think race track officials in other jurisdictions could have taken action against him, but since he wasn't charged (and everything we knew about Cobra Venom was technically from leaked sourced reported in the DRF) it makes sense that nothing was done.<BR/><BR/>Now what doens't make sense is why Ky Stewards didn't speed up the investigation and pretty much charge him with a violation the day after the found the venom. Why it took them 4 months to say boo about what was found in Biancone's barn is beyond me.Michaelhttps://www.blogger.com/profile/06801414754458604594noreply@blogger.comtag:blogger.com,1999:blog-8711985.post-31395573653335604742007-11-30T05:52:00.000-05:002007-11-30T05:52:00.000-05:00Question related to yesterday's post: If I think B...Question related to yesterday's post: If I think Bellamy Road at $10K is an incredible bargain, is there any way to profit from that without actually buying a horse? Do they ever sell future breeding seasons (say 2011)? And is it possible to book a season without actually owning a mare?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8711985.post-45863820396857744772007-11-30T00:19:00.000-05:002007-11-30T00:19:00.000-05:00"I wonder if NYRA has had those calendars printed ..."I wonder if NYRA has had those calendars printed up as of yet."<BR/><BR/>They are already listed on eBay !Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8711985.post-11555240590440460092007-11-29T20:43:00.000-05:002007-11-29T20:43:00.000-05:00The NY racing franchise debacle is far from over. ...The NY racing franchise debacle is far from over. There is no way that critical NY legislators will be railroaded by the NYRA's coercive activity in the bankruptcy court. The NYRA is an historically failed institutuion, with no reasonable plan for sustaining the future of racing in NY, other than perhaps running it into the ground again. NYRA loyalists, open your eyes, maybe cut your blinkers back a bit, and have a good close look at the group and its plundering, something that for some reason, you are blindly supporting. As part of a grander and more powerful machine, NYRA may indeed have an itegral part to play, but surely it should not be as the most crucial component.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8711985.post-28890881083011141272007-11-29T17:08:00.000-05:002007-11-29T17:08:00.000-05:00Must be all those phone calls, letters, and e-mail...Must be all those phone calls, letters, and e-mails from Joe's Saratoga County constituents have had, as I predicted they would, their desired effect. No way the ol' pro is going to take the hit for a shuttered Big A on Jan 1. /S/Green Mtn PunterAnonymousnoreply@blogger.com