Amanda Saunders wrote: Ronnie Dee wrote: I am a new player who seems to be reasonably good at buying and re-selling horses but not that great at training horses (Win-16.0% OTB-34.0%). Would you be offended if one of your give-aways is resold next season?
That's called Pinhooking, and it's usually not a very polite thing to do when you're given a gift.
Just as a word to clarify, I don't think this is necessarily the mentality of all SIM players. This isn't to imply that one mentality is right and another wrote, as there are valid points both ways, but some of us don't really care what you do with a horse we give you afterwards, other than to do what's best for you.
A horse is, in the most basic of terms, an asset. Maybe that asset is most valuable to you if you hold on to the horse and race it, but maybe that asset is most valuable to you if you buy low and sell high. In real life, we call it pinhooking (horse racing) or day trading (Wall Street), and plenty of other things. Just like people have very different opinions on day traders, people have very different opinions on pinhooking. Either way, it was pinhooking that adjusted price levels on the Sales Page to where they are now after a long run when horses were sold VERY cheaply just because nobody had thought to drive up the price. The Steward eventually struck a balance that limits the transactions (specifically sales page purchases; sales are not capped) you can perform in a 24-hour period and sets the "turnaround time" on a newly acquired horse to at least 48 hours. Is large scale pinhooking still possible in the SIM structure as it is now? Yes, but not as much as it once was, and it hasn't really changed anyone's opinions on whether it's appropriate or not.
So I guess the message is just this: if you care about not stepping on toes, take a minute to ask people what their preferences are in regards to pinhooking. Some will tell you that they'd rather you not, some will tell you they don't give a hoot and if you get a horse below market value and sell it at or above fair market value, more power to you. It's all about knowing the preference of the person sending you the horse.
Btw, your record is VERY nice, I wouldn't call that a bad record at all...or even a mediocre one. I'd call it a very good record. My own record stands at about 10% wins average for the last three years.
