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It's nice at a live auction when you can see the current owners bidding. To me it means the horse has value and they aren't letting him go cheap. If they don't bid, throws up a lot of red flags. Never knowing who is bidding online and not getting to examine the horse is very risky. Not sure how these guys spend 6-figures online like that.
Do you know the man personally to know he is a dirtbag? Many people at sales run up horses. Are they dirtbags also? I usually agree with you on most of your posts though i do not on this one.
This must be amatuer night at the Apollo, LOL. I don't care if it's PEM, OnGait, Harrisburg or what -- it is buyer beware. Period. If you think any auction is "truly an efficient" market, then you are either naive, foolish, uneducated or I don't know what. Let's face it, you can say all you want about Eric Cherry, he is an advocate and ambassador for the sport and/or business, he's a top breeder, major owner, whatever you want. That doesn't make him a Saint. David Brooks was a major owner. So was IEAH (thoroughbreds). OnGait is not an nonprofit.I bought a horse from OnGait. I like the horse, I contacted the trainer (who was the listed contact), spoke to him, watched videos, and then had the horse checked out (I had another trainer go a mile with him and had a vet check him out). All good. So I came up with my number. Period. Got him for less. It served my need. Nothing more. That's the only way I would buy from there or any auction. I see plenty of top horses up for sale. Every one of them sells for more than I think they are worth, and it ain't because I am lowballing the value. It's because of an inefficient market and games.
I DO KNOW THE GUY PERSONALLY. HE WOULD RUN THE BID AGAINST HIS OWN MOTHER. WHATS YOUR POINT WEEDS?
The only point i had was i would never call someone a dirtbag unless i knew them. Also as i stated many people run up bids.
Well let me be more clear...I know him, he's a DIRT BAG! aside from other people people that run up bids. This guy has larceny in his heart.
100% dirtbag
Good story but you left out the climax -- After all that money spent and research -- How'd you do with him?
I've dealt with Chodash in the past. He is a scumbag to the highest degree.