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Old 11-25-2009, 12:47 AM
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 Scav
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.
That Purge colt he bought for 13k at the Fasig Tipton July sale, and 75% of that horse is for sale, for 30k.

Brillant
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