What statement specifically?
Look at the last 7 or so years of financial data from WHC.
And before anyone starts, yes, I understand its a more diversified coal business, and the debt levels are different.
There is almost zero predictability here. In 2019, it would have been almost impossible to predict a $500m loss in 2021. In 2021, it would have been almost impossible to predict a $2.6b profit.
There is no predictable growth in this business.
You might be able to inch out a few percentage points here and there every once and a while. But for the jokers who bought in the last 2 years and expect this to be a solid dividend/growth stock are kidding themselves. How many times does it need to be pointed out - the returns on this business is terrible considering the overall bull market.
You talk about smart accumulation the last few days. Well, people were talking about smart accumulation at $6.80 too. And $7. Then at $8 after a small spike in coking coal when it ran to $9 (literally briefly).
If you think you'll get 20% out of this in the next month and it'll hit $7.50+ then good luck. I'll take the under on that bet.
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