Quixote Racing Stable Adds 3 New Horses

QRS fired all their bullets on the first day of the Timonium sale. I could not be happier with the haul. Faced with the possibility of making an Exaggerator my top pick tomorrow, I was prepared to swing at a few other horses if the price was right.

That is exactly what happened at hip #87, a Blame colt out of a Speightstown mare with loads of long distance turf pedigree under the second dam (by Cozzene). I thought Blame’s were out of my price range if they had a decent work. This colt went 10.2, but the bidding slowed at $90,000, and ended at $100,000. I thought this was at least a $200,000 horse. I then worried it would be RNAed, but the new real owner is David Merjan. Merjan is 6 for 30 in New York using Mark Henning. Blame is a perfect late bloomer, the Speightstown mare is a little bit of a “sell out”. However the second dam produced Paved, who competed in G1’s at 1 1/4 on turf.

This is a much better result than waiting for a cheap Exaggerator on Tuesday.

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I was thrilled when the bidding stopped at $48,000 on hip #11 an Orb filly that had worked a quick 10.1, but it was quickly reported as RNA. However, late this afternoon my new “partner”, Joe Caso worked out a private sale for $50,000. Mr. Caso is 3 for 9 with one horse at Golden Gate. It will be fun to follow a new owner in Northern California. Orb is an undervalued sire, and paying only 5x for a top 10% work is a bargain.

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Both of these horses are almost TGTBT. To Good To Be True. Such low multiples on good works might be a danger sign. I can only hope these guys did their due diligence, I know that I would have.

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My last horse was #228 a Bodemeister colt with a 10.2 work. Originally reported as RNA, the great Joe Besecker is my new hero. Mr. Besecker dispersed 50 horses last fall, but then could not stay away from the game and bought 10 at Ocala. He worked out a private sale to buy my favorite cheap horse for only $20,000.

Poor Bodemeister might be in a Turkish prison, but his babies are still running over here. A Bodemeister won the stake race in NY yesterday, but nobody cares. My Bodemeister in Canada just put in a fast work at Woodbine.

Published by Gregg Jahnke

I was a professional investor for over 30 years. Now I spend my time trying to pick horses rather than stocks.

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