You spent months and months working for Barbaro; writing letters, praying, and painstakingly Photoshopping tubes of Elmer's glue. Now, it's time to make Barbaro to work for you. Word has come down that Barbaro's final resting place may be Churchill Downs, site of his Kentucky Derby triumph. Bobby won't be paying $12.50 to win any more, but that doesn't mean you can't still cash in. From CNBC's Sports Biz with Darren Rovell:
If the Jacksons agree to put him there, Churchill Downs shares could hit an all-time high price. The high for the stock came on July 29, 2005 at $46.60. My take on the horse racing business is that it's a very bad business because of a variety of factors, but Churchill Downs has the prime properties. A great Barbaro burial site is an awesome money generator. I'm sure they could even build some sort of mini-museum.
As your broker, we'd advise you to take it. It's two minutes to closing, Barbaro fans. What do you want to do? Decide.
(By the way, if you haven't read the Mighty MJD's letter from the dead Barbaro, you probably should.)