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Old 11-24-2009, 11:45 PM
Scav Scav is offline
Saratoga
 
Join Date: May 2006
Location: Northwest of The Chi
Posts: 16,012
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Quote:
Originally Posted by Sightseek
You can look on his website and see most of his purchases and/or horses running under him (I don't think Freddy was specifing only the horses bought by McPeek when he mentioned McPeek's winners at the KEE meet) are closer to the 50K range than the 500K range...

http://www.mcpeekracing.com/services/

http://www.mcpeekracing.com/entries/
Not to burst any bubble, a perfect example of why not to get involved with a guy like McPeek is right here.

In his Private Offerings section, he has a 2008 Officer yearling filly available for 15k for 20%. That would be 75k for 100% of said filly. But he is keeping 20% of the filly, time to ask why?

Low and behold, that filly was bought in September for 50k, Hip# 2134. I'm sorry but within 45 days, she didn't jump 50% in value because she was eating Magdelena grass....

This would mean that he is selling 80% of the horse for 60k, so he is keeping 20% of the horse plus pocketing 10k.

Thats a great gig if you can get it to work. Knowing this, I would question every single invoice he ever sent.
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