Sulja Bros. Building Supplies, Ltd (SLJB)

[S.A.G.]

OK, here is how I will respond. If you look back at some of my posts, I clearly stated that I sold some of my shares and sold some for friends who invested much higher and I wanted to play it safe with them to spare them over the holidays just in case.

I repurchased shares for myself on dips as I said I would and now hold 2.4 million shares. I now have more than I have ever owned of SLJB and I am holding at a loss, even on my last buys last week.

When I got pissed at the company for not releasing info a few weeks ago, I lost my patience on the board and I did express my frustration. However, I have always come back with answers after talking to the company and when I saw them acting on their promises, like the ungagging of the TA, I was enticed to buy more as I have.

At times I did feel that I was between a rock and a hard place and I didn't want to buy more because I was afraid some would think I was taking advantage. But since the company is talking a bit more and sharing a little more and Petar did say a few things on the blog that was interesting, I have a little more confidence and will be buying more on all dips if I can.

When you see me saying I have not sold anything, I am talking about the shares I bought last. FYI, To date I have not sold shares since I began repurchasing.

If I really wanted to take advantage of the board, I wouldn't be posting my buys or sells to give people a clue to what I am doing and I would just do my thing discretely. Do you really think 2.4 million shares is enough to get me rich with the recent trading in this stock?

I should be sitting on a pile of cash, far away from this message board if I really was manipulating. Also, if I was manipulating, I would only expose the good and not the bad because I wouldn't want the PPS to go down.

Do you remember last week after I bought shares? A day or two later we got the OSC letter and the stock went down. I am down almost 20% on those buys alone. If I knew something about the timing of the letter, I would of waited till after the letter to buy. I am sharing the same pain most shareholders are feeling. I just won't sit around and guess what is happening. I would rather get the info myself and come to my own conclusions. Since I share all info I get, I feel that I am doing the right thing and am not breaking any laws. Clearly, if I thought something I was doing was in any way against the law, I simply wouldn't do it.

Here is another point I'd like to make. If you are a long, it doesn't mean that you can't trade your shares. My intentions are to build on the quantity of shares I have by always trying to buy more than I sold. IMO, being a long is not only restricted to holding a stock for a long period of time, it means that I am commited to the stock for a long period of time. In this case, it's been almost a year for me since I purchased my first 50k shares of LFWK. I have been in this thing since before the mergers, and even though I have sold some in the past, I have always bought more than I sold because I believe in this company.