Pants On Fire to sit out Preakness
http://www.thoroughbredtimes.com/racing-news/2011/05/08/pants-on-fire-to-sit-out-preakness.aspx
Pants On Fire, the 8.10-to-1 second betting choice in the Kentucky Derby Presented by Yum! Brands (G1) on Saturday, almost certainly will miss the Preakness Stakes (G1) and probably will be sidelined for at least two months after bleeding significantly in his ninth-place finish
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