Eclipse Offer

Eclipse only bought one horse at the sale, but it was an interesting one. The horse has many of the characteristics I am looking for. The only problem is timing. I would hate to jump at this offer before the Keeneland sale even occurs. What if some group buys a Midnight Storm or Gormley that I really like?

Eclipse bought hip #45 for $115,000, here is what I like:

  1. Eclipse struck early before that sale “heated up”, as most commentators agreed. This was the only horse they bought
  2. West Point went strictly dirt, while Eclipse went for a turf horse
  3. the colt is a NY-bred
  4. this was the only Declaration of War offspring at the sale, these “orphans” are often interesting
  5. West Point’s Decorated Invader shows Declaration of War is not a complete failure
  6. Declaration of War is “out of favor” because he has been shipped to Japan
  7. Declaration of War adds Rahy to War Front, so this should be a stamina sire
  8. the dam is by Unbridled Song and ran a 95 Equibase fig for chad Brown during her brief 8 race career
  9. the horse has an impressive appearance
  10. the price was “right”, not too much to suggest overpaying, but enough to suggest this horse was good looking
  11. well known owner Robert LaPenta bought 50%, why is he even bothering with such an inexpensive horse
  12. Eclipse is offering 3% for $5,550 (marking the horse up to $180,000)

If this offer came after Keeneland I would almost certainly accept, but right now i want to wait for something better.

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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