The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ACTIVISION BLIZZARD INC COM 00507V109 3,566 200,000 SH Call SOLE   200,000 0 0
ADEPT TECHNOLOGY INC COM NEW 006854202 6,558 388,272 SH   SOLE   388,272 0 0
AEROPOSTALE COM 007865108 636 70,000 SH Call SOLE   70,000 0 0
AEROPOSTALE COM 007865108 987 108,600 SH Call SOLE   108,600 0 0
AEROPOSTALE COM 007865108 3,636 400,000 SH Put SOLE   400,000 0 0
AEROPOSTALE COM 007865108 1,565 172,200 SH Put SOLE   172,200 0 0
AEROPOSTALE COM 007865108 455 50,000 SH Put SOLE   50,000 0 0
AEROPOSTALE COM 007865108 370 40,700 SH Call SOLE   40,700 0 0
AEROPOSTALE COM 007865108 10,908 1,200,000 SH Put SOLE   1,200,000 0 0
AEROPOSTALE COM 007865108 3,636 400,000 SH Put SOLE   400,000 0 0
ANGIES LIST INC COM 034754101 3,030 200,000 SH Call SOLE   200,000 0 0
APOLLO ED GROUP INC CL A 037604105 2,732 100,000 SH Call SOLE   100,000 0 0
APOLLO ED GROUP INC CL A 037604105 3,278 120,000 SH Call SOLE   120,000 0 0
APOLLO ED GROUP INC CL A 037604105 866 31,700 SH Call SOLE   31,700 0 0
AUDIENCE INC COM 05070J102 11,117 955,077 SH   SOLE   955,077 0 0
AUDIENCE INC COM 05070J102 2,910 250,000 SH Call SOLE   250,000 0 0
AWARE INC MASS COM 05453N100 958 156,725 SH   SOLE   156,725 0 0
BAKER HUGHES INC COM 057224107 3,868 70,000 SH Call SOLE   70,000 0 0
BAKER HUGHES INC COM 057224107 1,685 30,500 SH Call SOLE   30,500 0 0
BARNES & NOBLE INC COM 067774109 1,009 67,473 SH   SOLE   67,473 0 0
BON-TON STORES INC COM 09776J101 677 41,700 SH Put SOLE   41,700 0 0
BRIDGEPOINT ED INC COM 10807M105 3,397 191,826 SH   SOLE   191,826 0 0
CITI TRENDS INC COM 17306X102 11,786 693,278 SH   SOLE   693,278 0 0
CODEXIS INC COM 192005106 4,154 2,914,833 SH   SOLE   2,914,833 0 0
COLE REAL ESTATE INVTS INC COM 19329V105 6,318 450,000 SH   SOLE   450,000 0 0
CORINTHIAN COLLEGES INC COM 218868107 294 165,000 SH Call SOLE   165,000 0 0
CORINTHIAN COLLEGES INC COM 218868107 24 13,500 SH Call SOLE   13,500 0 0
CORONADO BIOSCIENCES INC COM 21976U109 2,295 872,713 SH   SOLE   872,713 0 0
CROCS INC COM 227046109 9,154 575,000 SH   SOLE   575,000 0 0
CROCS INC COM 227046109 748 47,000 SH Call SOLE   47,000 0 0
CROCS INC COM 227046109 1,536 96,500 SH Call SOLE   96,500 0 0
CROCS INC COM 227046109 2,466 154,900 SH Call SOLE   154,900 0 0
CROCS INC COM 227046109 444 27,900 SH Call SOLE   27,900 0 0
CROCS INC COM 227046109 772 48,500 SH Call SOLE   48,500 0 0
CROWN MEDIA HLDGS INC CL A 228411104 5,237 1,483,561 SH   SOLE   1,483,561 0 0
DOLAN CO COM 25659P402 2,705 3,920,678 SH   SOLE   3,920,678 0 0
DOLBY LABORATORIES INC COM 25659T107 3,426 88,843 SH   SOLE   88,843 0 0
DOVER MOTORSPORTS INC COM 260174107 2,077 827,689 SH   SOLE   827,689 0 0
EBAY INC COM 278642103 3,292 60,000 SH   SOLE   60,000 0 0
EBAY INC COM 278642103 5,487 100,000 SH Call SOLE   100,000 0 0
ELECTRONIC ARTS INC COM 285512109 9,176 400,000 SH Put SOLE   400,000 0 0
ELECTRONIC ARTS INC COM 285512109 4,588 200,000 SH Put SOLE   200,000 0 0
ELECTRONIC ARTS INC COM 285512109 2,523 110,000 SH Put SOLE   110,000 0 0
ELECTRONIC ARTS INC COM 285512109 7,556 329,400 SH Put SOLE   329,400 0 0
EMERSON RADIO CORP COM NEW 291087203 27 14,097 SH   SOLE   14,097 0 0
EMMIS COMMUNICATIONS CORP CL A 291525103 846 314,375 SH   SOLE   314,375 0 0
EVOLUTION PETROLEUM CORP COM 30049A107 1,880 152,380 SH   SOLE   152,380 0 0
EXAMWORKS GROUP INC COM 30066A105 1,494 50,000 SH Put SOLE   50,000 0 0
EXAMWORKS GROUP INC COM 30066A105 896 30,000 SH Put SOLE   30,000 0 0
FALCONSTOR SOFTWARE INC COM 306137100 3,390 2,511,339 SH   SOLE   2,511,339 0 0
FIDELITY NATIONAL FINANCIAL CL A 31620R105 6,944 214,000 SH   SOLE   214,000 0 0
FIRSTHAND TECH VALUE FD INC COM 33766Y100 875 37,744 SH   SOLE   37,744 0 0
FX ENERGY INC COM 302695101 1,914 522,863 SH   SOLE   522,863 0 0
GAMESTOP CORP NEW CL A 36467W109 985 20,000 SH Put SOLE   20,000 0 0
GRAHAM HLDGS CO COM 384637104 341 514 SH   SOLE   514 0 0
GREEN MTN COFFEE ROASTERS IN COM 393122106 884 11,700 SH Put SOLE   11,700 0 0
HARVEST NATURAL RESOURCES IN COM 41754V103 2,486 550,000 SH   SOLE   550,000 0 0
HEADWATERS INC COM 42210P102 1,126 114,999 SH   SOLE   114,999 0 0
HOLLYWOOD MEDIA CORP COM 436233100 1,513 1,080,572 SH   SOLE   1,080,572 0 0
HURCO COMPANIES INC COM 447324104 3,755 150,127 SH   SOLE   150,127 0 0
IMPERIAL HLDGS INC COM 452834104 10,750 1,643,776 SH   SOLE   1,643,776 0 0
INNERWORKINGS INC COM 45773Y105 11,334 1,454,927 SH   SOLE   1,454,927 0 0
ISHARES NASDQ BIOTEC ETF 464287556 4,541 20,000 SH Put SOLE   20,000 0 0
ISHARES NASDQ BIOTEC ETF 464287556 13,624 60,000 SH Put SOLE   60,000 0 0
ISHARES NASDQ BIOTEC ETF 464287556 9,082 40,000 SH Put SOLE   40,000 0 0
ISHARES RUSSELL 2000 ETF 464287655 2,840 24,620 SH   SOLE   24,620 0 0
ISHARES RUSSELL 2000 ETF 464287655 20,534 178,000 SH Call SOLE   178,000 0 0
ISHARES RUSSELL 2000 ETF 464287655 28,840 250,000 SH Put SOLE   250,000 0 0
ISHARES RUSSELL 2000 ETF 464287655 23,072 200,000 SH Call SOLE   200,000 0 0
ISHARES RUSSELL 2000 ETF 464287655 23,072 200,000 SH Put SOLE   200,000 0 0
ISHARES U.S. REAL ES ETF 464287739 12,616 200,000 SH Put SOLE   200,000 0 0
ISIS PHARMACEUTICALS INC DEL NOTE 2.750%10/0 464337AG9 7,479 3,000,000 PRN   SOLE   3,000,000 0 0
ITT EDUCATIONAL SERVICES INC COM 45068B109 369 11,000 SH Call SOLE   11,000 0 0
ITT EDUCATIONAL SERVICES INC COM 45068B109 10,423 310,400 SH Call SOLE   310,400 0 0
ITT EDUCATIONAL SERVICES INC COM 45068B109 94 2,800 SH Call SOLE   2,800 0 0
JGWPT HLDGS INC CL A 46617M109 1,678 96,510 SH   SOLE   96,510 0 0
JONES GROUP INC COM 48020T101 1,182 79,000 SH Put SOLE   79,000 0 0
LAKES ENTMNT INC COM 51206P109 2,384 603,567 SH   SOLE   603,567 0 0
LENNAR CORP CL B 526057302 13,218 392,000 SH   SOLE   392,000 0 0
LIBERTY INTERACTIVE CORP LBT VENT COM A 53071M880 11,033 90,000 SH   SOLE   90,000 0 0
LIFE TIME FITNESS INC COM 53217R207 10,297 219,095 SH   SOLE   219,095 0 0
LINKEDIN CORP COM CL A 53578A108 6,505 30,000 SH Put SOLE   30,000 0 0
LINKEDIN CORP COM CL A 53578A108 7,589 35,000 SH Put SOLE   35,000 0 0
MECHEL OAO SPON ADR PFD 583840509 281 712,281 SH   SOLE   712,281 0 0
MFC INDL LTD COM 55278T105 1,559 195,104 SH   SOLE   195,104 0 0
MIDWAY GOLD CORP COM 598153104 3,012 3,718,409 SH   SOLE   3,718,409 0 0
MOTORCAR PTS AMER INC COM 620071100 5,550 287,579 SH   SOLE   287,579 0 0
NATIONAL RESH CORP CL A 637372202 2,442 129,736 SH   SOLE   129,736 0 0
NEWS CORP NEW CL A 65249B109 9,172 509,000 SH   SOLE   509,000 0 0
OUTERWALL INC COM 690070107 6,727 100,000 SH Call SOLE   100,000 0 0
OWENS RLTY MTG INC COM 690828108 3,490 287,969 SH   SOLE   287,969 0 0
QAD INC CL A 74727D306 2,004 113,484 SH   SOLE   113,484 0 0
QAD INC CL B 74727D207 2,791 174,310 SH   SOLE   174,310 0 0
RADIANT LOGISTICS INC COM 75025X100 2,983 1,113,193 SH   SOLE   1,113,193 0 0
RED LION HOTELS CORP COM 756764106 1,484 245,210 SH   SOLE   245,210 0 0
REPUBLIC BANCORP KY CL A 760281204 4,511 183,835 SH   SOLE   183,835 0 0
RUSH ENTERPRISES INC CL B 781846308 1,976 77,473 SH   SOLE   77,473 0 0
SCICLONE PHARMACEUTICALS INC COM 80862K104 7,737 1,535,201 SH   SOLE   1,535,201 0 0
SEARS HLDGS CORP COM 812350106 7,645 155,900 SH Call SOLE   155,900 0 0
SEARS HLDGS CORP COM 812350106 11,529 235,100 SH Call SOLE   235,100 0 0
SEARS HOMETOWN & OUTLET STOR COM 812362101 2,537 99,489 SH   SOLE   99,489 0 0
SELECT INCOME REIT COM SH BEN INT 81618T100 3,209 120,000 SH   SOLE   120,000 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 1,161 10,000 SH Put SOLE   10,000 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 1,742 15,000 SH Put SOLE   15,000 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 5,806 50,000 SH Put SOLE   50,000 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 1,742 15,000 SH Put SOLE   15,000 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 7,388 40,000 SH Put SOLE   40,000 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 27,704 150,000 SH Put SOLE   150,000 0 0
STAPLES INC COM 855030102 218 13,700 SH Call SOLE   13,700 0 0
STAPLES INC COM 855030102 6,350 399,600 SH Call SOLE   399,600 0 0
STEWART INFORMATION SVCS COR COM 860372101 1,560 48,352 SH   SOLE   48,352 0 0
SUNCOKE ENERGY INC COM 86722A103 6,577 288,342 SH   SOLE   288,342 0 0
TOWER GROUP INTL LTD COM G8988C105 676 200,000 SH Call SOLE   200,000 0 0
TRANS WORLD ENTMT CORP COM 89336Q100 8,255 1,867,535 SH   SOLE   1,867,535 0 0
TUESDAY MORNING CORP COM NEW 899035505 3,192 200,000 SH Put SOLE   200,000 0 0
UFP TECHNOLOGIES INC COM 902673102 1,235 48,973 SH   SOLE   48,973 0 0
ULTRATECH INC COM 904034105 3,190 110,000 SH   SOLE   110,000 0 0
UNITED RENTALS INC COM 911363109 7,784 99,862 SH   SOLE   99,862 0 0
UNITED RENTALS INC COM 911363109 3,898 50,000 SH Call SOLE   50,000 0 0
VALUECLICK INC COM 92046N102 1,648 70,500 SH   SOLE   70,500 0 0
VISTAPRINT N V SHS N93540107 8,528 150,000 SH Call SOLE   150,000 0 0
WORLD ACCEP CORP DEL COM 981419104 3,983 45,500 SH Put SOLE   45,500 0 0
XPO LOGISTICS INC NOTE 4.500/0 983793AA8 8,422 5,000,000 PRN   SOLE   5,000,000 0 0
XYRATEX LTD COM G98268108 9,153 688,750 SH   SOLE   688,750 0 0