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
ACUITY BRANDS INC COM 00508Y102 24,398 223,183 SH   SOLE N/A 223,183 0 0
AETNA INC NEW COM 00817Y108 1,509 22,000 SH   SOLE N/A 22,000 0 0
AIXTRON SE SPONSORED ADR 009606104 24,808 1,708,509 SH   SOLE N/A 1,708,509 0 0
ALASKA AIR GROUP INC COM 011659109 172,506 2,351,182 SH   SOLE N/A 2,351,182 0 0
AMERICAN AIRLS GROUP INC COM 02376R102 50,500 2,000,000 SH   SOLE N/A 2,000,000 0 0
ATMEL CORP COM 049513104 10,375 1,325,000 SH   SOLE N/A 1,325,000 0 0
AVIS BUDGET GROUP COM 053774105 215,950 5,342,659 SH   SOLE N/A 5,342,659 0 0
BALLY TECHNOLOGIES INC COM 05874B107 74,664 951,740 SH   SOLE N/A 951,740 0 0
BOYD GAMING CORP COM 103304101 77,776 6,907,300 SH   SOLE N/A 6,907,300 0 0
CHURCHILL DOWNS INC COM 171484108 115,339 1,286,544 SH   SOLE N/A 1,286,544 0 0
CREE INC COM 225447101 34,717 555,300 SH   SOLE N/A 555,300 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 148,475 5,405,000 SH   SOLE N/A 5,405,000 0 0
DOVER MOTORSPORTS INC COM 260174107 1,687 671,931 SH   SOLE N/A 671,931 0 0
EAGLE MATERIALS INC COM 26969P108 5,234 67,600 SH   SOLE N/A 67,600 0 0
EXPEDIA INC DEL COM NEW 30212P303 118,004 1,694,000 SH   SOLE N/A 1,694,000 0 0
F5 NETWORKS INC COM 315616102 5,444 59,920 SH   SOLE N/A 59,920 0 0
FACEBOOK INC CL A 30303M102 7,651 140,000 SH   SOLE N/A 140,000 0 0
GAMING & LEISURE PPTYS INC COM 36467J108 107,721 2,120,082 SH   SOLE N/A 2,120,082 0 0
GENERAL MTRS CO COM 37045V100 10,567 258,550 SH   SOLE N/A 258,550 0 0
GENESEE & WYO INC CL A 371559105 13,772 143,382 SH   SOLE N/A 143,382 0 0
GLOBAL EAGLE ENTMT INC COM 37951D102 429,907 28,968,499 SH   SOLE N/A 28,968,499 0 0
GREENBRIER COS INC COM 393657101 55,161 1,679,700 SH   SOLE N/A 1,679,700 0 0
INVENSENSE INC COM 46123D205 23,671 1,139,102 SH   SOLE N/A 1,139,102 0 0
ISLE OF CAPRI CASINOS INC COM 464592104 22,171 2,463,467 SH   SOLE N/A 2,463,467 0 0
KLA-TENCOR CORP COM 482480100 41,383 642,000 SH   SOLE N/A 642,000 0 0
LAKES ENTMNT INC COM 51206P109 5,202 1,316,914 SH   SOLE N/A 1,316,914 0 0
MAGELLAN HEALTH SVCS INC COM NEW 559079207 3,843 64,148 SH   SOLE N/A 64,148 0 0
MASCO CORP COM 574599106 7,856 345,000 SH   SOLE N/A 345,000 0 0
MELCO CROWN ENTMT LTD ADR 585464100 84,323 2,150,000 SH   SOLE N/A 2,150,000 0 0
MOLINA HEALTHCARE INC COM 60855R100 10,425 300,000 SH   SOLE N/A 300,000 0 0
MTR GAMING GROUP INC COM 553769100 14,407 2,792,000 SH   SOLE N/A 2,792,000 0 0
MUELLER INDS INC COM 624756102 12,697 201,500 SH   SOLE N/A 201,500 0 0
MYRIAD GENETICS INC COM 62855J104 2,937 140,000 SH   SOLE N/A 140,000 0 0
NEWFIELD EXPL CO COM 651290108 8,251 335,000 SH   SOLE N/A 335,000 0 0
ORBITZ WORLDWIDE INC COM 68557K109 118,470 16,500,000 SH   SOLE N/A 16,500,000 0 0
OWENS CORNING NEW COM 690742101 42,543 1,044,762 SH   SOLE N/A 1,044,762 0 0
PENN NATL GAMING INC COM 707569109 49,387 3,446,385 SH   SOLE N/A 3,446,385 0 0
PINNACLE ENTMT INC COM 723456109 10,396 400,000 SH   SOLE N/A 400,000 0 0
POZEN INC COM 73941U102 26,985 3,356,299 SH   SOLE N/A 3,356,299 0 0
PRICELINE COM INC COM NEW 741503403 282,696 243,200 SH   SOLE N/A 243,200 0 0
PURECYCLE CORP COM NEW 746228303 37,872 5,982,970 SH   SOLE N/A 5,982,970 0 0
RMG NETWORKS HLDG CORP COM 74966K102 4,860 1,000,000 SH   SOLE N/A 1,000,000 0 0
SALESFORCE COM INC COM 79466L302 19,317 350,000 SH   SOLE N/A 350,000 0 0
SHERWIN WILLIAMS CO COM 824348106 1,652 9,000 SH   SOLE N/A 9,000 0 0
SILICON LABORATORIES INC COM 826919102 15,280 352,800 SH   SOLE N/A 352,800 0 0
SOUTHWEST AIRLS CO COM 844741108 62,145 3,298,576 SH   SOLE N/A 3,298,576 0 0
SPIRIT AIRLS INC COM 848577102 49,951 1,100,000 SH   SOLE N/A 1,100,000 0 0
STONE ENERGY CORP COM 861642106 13,722 396,700 SH   SOLE N/A 396,700 0 0
STRATASYS LTD SHS M85548101 15,348 113,940 SH   SOLE N/A 113,940 0 0
TARO PHARMACEUTICAL INDS LTD SHS M8737E108 3,801 38,437 SH   SOLE N/A 38,437 0 0
TRIPADVISOR INC COM 896945201 172,928 2,087,742 SH   SOLE N/A 2,087,742 0 0
UNITED RENTALS INC COM 911363109 72,713 932,813 SH   SOLE N/A 932,813 0 0
VALUEVISION MEDIA INC CL A 92047K107 24,900 3,562,300 SH   SOLE N/A 3,562,300 0 0
WELLCARE HEALTH PLANS INC COM 94946T106 21,126 300,000 SH   SOLE N/A 300,000 0 0
WELLPOINT INC COM 94973V107 9,433 102,100 SH   SOLE N/A 102,100 0 0
WYNN RESORTS LTD COM 983134107 7,768 40,000 SH Put SOLE N/A 40,000 0 0