I agree that analyst ratings don't matter, but I do believe Robert Wetenhall Jr is the smartest guy covering the stock. Not just because he's long. But because he has correctly called the ups AND downs in the past.
YOu are smart. You don't need an analyst to tell you. No company making the front page news day after day can survive. Scams don't last forever.
You will know that it is safe to buy COCO when you see a change in paradigm. As long as management is dependent on 1. students = debt, 2. Government = loans that can't be repaid, and 3. Playing games with investors, then it is business as usual and nothing good can happen.
When you start seeing real changes and commitment to quality instead of just clever workarounds to beat the new rules, when you start seeing the press saying that COCO is doing a good job helping students succeed, and you start seeing that pattern repeated, you will have plenty of chance to buy in before the economics follow the changes. The major fundamental changes have to come long before the economics change.