I invested $190k into a diploma mill stock. I’m confident it will double. (PXED)

Phoenix Education Partners (PXED) aka university of phoenix just IPO’d and it’s sitting around $39 a share. That’s up from the $32 IPO price, but it’s still trading at only about 4x EV/EBITDA, while other for profit universities like Strategic Education and Perdoceo sit between 9x and 11x.

If PXED eventually trades in line with similar diploma mills, that puts the stock somewhere around $70–80. It could double real quick.

The company’s clean financially. No debt. Over $200 million in cash. Strong margins. It’s not some loss-making tech IPO. This thing actually earns money. The valuation just hasn’t caught up yet because it’s new.

A profitable company with consistent cash flow, trading at a third of its peers’ valuation is about as clear a buy signal as ever.

See my yolo here: https://imgur.com/gallery/diploma-mill-yolo-9wHunaR