Thread regarding Universal Technical Institute Inc. layoffs

Coliseum bailing?

https://seekingalpha.com/pr/17727333-universal-technical-institute-announces-secondary-offering-of-3601-724-shares-of-common-stock

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| 901 views | | 4 replies (last )
Post ID: @OP+12upN7Gx

4 replies (most recent on top)

lets try reading first. colisuem sold a small fraction of there holdings. they still own all of the 70 mil and it is now worth more than twice that.

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Post ID: @6key+12upN7Gx

When the single-largest holder of stock decides to bail out, anyone at the top should be nervous, even the big fat dumb guy.

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Post ID: @4rfk+12upN7Gx

Now even the big rats are jumping ship.
Yeah, DK needs to go.

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Post ID: @2smv+12upN7Gx

What does this mean? Coliseum is selling 3.6 million shares, UTI receives no money. Even at $7.00 a share that’s only 25 million. Didn’t they put in 70 million?

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Post ID: @rgj+12upN7Gx

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