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
AES TRUST III CV 6.75% PRD 00808N202 889 17,400 SH   SOLE   0 0 17,400
3M COMPANY COM 88579Y101 570 4,200 SH   SOLE   0 0 4,200
ABBOTT LABS COM 002824100 711 18,450 SH   SOLE   0 0 18,450
ABBVIE INC COM 00287Y109 948 18,450 SH   SOLE   0 0 18,450
ACACIA RESEARCH COM 003881307 237 15,542 SH   SOLE   0 0 15,542
AFLAC INC. COM 001055102 375 5,956 SH   SOLE   0 0 5,956
ALERIAN MLP ETF COM 00162Q866 405 22,919 SH   SOLE   0 0 22,919
ALTRIA GROUP INC. COM 02209S103 994 26,550 SH   SOLE   0 0 26,550
AMERICAN EXPRESS COM 025816109 783 8,700 SH   SOLE   0 0 8,700
AMGEN COM 031162100 209 1,693 SH   SOLE   0 0 1,693
APPLE COMPUTER COM 037833100 501 933 SH   SOLE   0 0 933
AT&T INC. COM 00206R102 3,387 96,584 SH   SOLE   0 0 96,584
B&G FOODS INC. COM 05508r106 497 16,500 SH   SOLE   0 0 16,500
BAXTER INT'L COM 071813109 994 13,504 SH   SOLE   0 0 13,504
BERKSHIRE HATHAWAY INC. CLASS COM 084670702 203 1,625 SH   SOLE   0 0 1,625
BLACKSTONE GROUP LP COM 09253U108 278 8,374 SH   SOLE   0 0 8,374
BON TON STORES INC COM 09776J101 554 50,500 SH   SOLE   0 0 50,500
BP COM G12793108 84 10,479 SH   SOLE   0 0 10,479
BP PLC ADR COM 055622104 1,166 24,232 SH   SOLE   0 0 24,232
BRISTOL MYERS SQUIBB COM 110122108 2,906 55,936 SH   SOLE   0 0 55,936
CATERPILLAR COM 149123101 363 3,650 SH   SOLE   0 0 3,650
CHEVRON CORP. COM 166764100 750 6,311 SH   SOLE   0 0 6,311
CHICAGO BRIDGE & IRON COM 167250109 2,937 33,703 SH   SOLE   0 0 33,703
CHINA SHUANGJI CEMENT LTD COM 16943b200 0 10,000 SH   SOLE   0 0 10,000
CISCO SYSTEMS COM 17275R102 726 32,374 SH   SOLE   0 0 32,374
CITIGROUP INC COM 172967424 368 7,740 SH   SOLE   0 0 7,740
COCA COLA COM 191216100 750 19,395 SH   SOLE   0 0 19,395
COMPASS DIVERSIFIED HOLDINGS COM 20451Q104 447 23,650 SH   SOLE   0 0 23,650
CONAGRA FOODS COM 205887102 213 6,875 SH   SOLE   0 0 6,875
CONOCOPHILLIPS COM 20825C104 285 4,050 SH   SOLE   0 0 4,050
CORNING INC COM 219350105 474 22,770 SH   SOLE   0 0 22,770
D T E ENERGY CO COM 233331107 260 3,500 SH   SOLE   0 0 3,500
DEVON ENERGY COM 25179M103 221 3,300 SH   SOLE   0 0 3,300
DIAGEO COM G42089113 476 15,375 SH   SOLE   0 0 15,375
DISNEY, WALT COM 254687106 2,054 25,655 SH   SOLE   0 0 25,655
DU PONT (EI) DE NEMOURS COM 263534109 520 7,751 SH   SOLE   0 0 7,751
DUKE ENERGY CORP COM 26441C204 535 7,514 SH   SOLE   0 0 7,514
EASTMAN CHEMICAL COM 277432100 504 5,850 SH   SOLE   0 0 5,850
ENERGY TRANSFER PARTNERS LP COM 29273r109 706 13,118 SH   SOLE   0 0 13,118
ENTREMED INC NEW COM 29382F202 972 534,073 SH   SOLE   0 0 534,073
EQUIFAX COM 294429105 912 13,399 SH   SOLE   0 0 13,399
EXPRESS SCRIPTS HOLDING CO COM 30219G108 9,186 122,330 SH   SOLE   0 0 122,330
EXXON MOBIL CORP COM 30231G102 4,640 47,501 SH   SOLE   0 0 47,501
F X ENERGY COM 302695101 4,225 1,264,980 SH   SOLE   0 0 1,264,980
FIDELITY NATIONAL INFORMATION COM 31620M106 652 12,198 SH   SOLE   0 0 12,198
FLOWERS FOODS INC. COM 343498101 3,172 147,913 SH   SOLE   0 0 147,913
FORD MOTOR COM 345370860 403 25,831 SH   SOLE   0 0 25,831
FREEPORT MCMORAN COPPER & GOLD COM 35671D857 686 20,743 SH   SOLE   0 0 20,743
FRONTIER COMMUNICATIONS CORP COM 35906a108 67 11,662 SH   SOLE   0 0 11,662
GENERAL ELECTRIC COM 369604103 2,298 88,760 SH   SOLE   0 0 88,760
GEO GROUP INC COM 36159R103 638 19,800 SH   SOLE   0 0 19,800
GREIF INC CL B COM 397624206 376 6,400 SH   SOLE   0 0 6,400
HALLIBURTON CO COM 406216101 707 12,000 SH   SOLE   0 0 12,000
HEWLETT PACKARD COM 428236103 712 22,000 SH   SOLE   0 0 22,000
HOME SOLUTIONS HEALTH INC COM 43735N104 0 50,000 SH   SOLE   0 0 50,000
HONEYWELL INTERNATIONAL COM 438516106 2,117 22,823 SH   SOLE   0 0 22,823
ILLUMINA INC. COM 452327109 23,806 160,134 SH   SOLE   0 0 160,134
INT'L BUS MACHINES COM 459200101 4,970 25,819 SH   SOLE   0 0 25,819
INTEL CORP COM 458140100 235 9,100 SH   SOLE   0 0 9,100
INTERNATIONAL GAME TECHNOLOGY COM 459902102 409 29,100 SH   SOLE   0 0 29,100
ISHARES UNITED STATES TREASURY COM 464287176 336 3,000 SH   SOLE   0 0 3,000
JOHNSON & JOHNSON COM 478160104 713 7,259 SH   SOLE   0 0 7,259
JP MORGAN CHASE COM 46625H100 1,173 19,317 SH   SOLE   0 0 19,317
KIMBERLY CLARK COM 494368103 209 1,900 SH   SOLE   0 0 1,900
KRAFT FOODS GROUP COM 50076Q106 222 3,958 SH   SOLE   0 0 3,958
LEUCADIA NATIONAL CORP COM 527288104 974 34,800 SH   SOLE   0 0 34,800
LIDCO GROUP COM G5478T101 1,051 2,706,959 SH   SOLE   0 0 2,706,959
M&T BANK CORP COM 55261F104 418 3,446 SH   SOLE   0 0 3,446
MARKET VECTORS GOLD MINERS ETF COM 57060U100 359 15,200 SH   SOLE   0 0 15,200
MAUDORE MINERALS LTD COM 577279102 1 13,200 SH   SOLE   0 0 13,200
MERCK & CO COM 58933y105 545 9,605 SH   SOLE   0 0 9,605
MICROSOFT COM 594918104 3,000 73,186 SH   SOLE   0 0 73,186
MONDELEZ INTERNATIONAL INC A COM 609207105 419 12,140 SH   SOLE   0 0 12,140
MOTOROLA SOLUTIONS INC COM 620076307 218 3,394 SH   SOLE   0 0 3,394
NEW YORK COMMUNITY BANCORP INC COM 649445103 887 55,200 SH   SOLE   0 0 55,200
NEW YORK MORTGAGE TR INC NEW COM 649604501 105 13,500 SH   SOLE   0 0 13,500
NEXTERA ENERGY INC COM 65339F101 325 3,400 SH   SOLE   0 0 3,400
NORFOLK SOUTHERN COM 655844108 335 3,450 SH   SOLE   0 0 3,450
ONEOK INC COM 682680103 237 4,000 SH   SOLE   0 0 4,000
PENDRELL CORPORATION COM 70686R104 410 224,000 SH   SOLE   0 0 224,000
PEPSICO COM 713448108 1,129 13,515 SH   SOLE   0 0 13,515
PFIZER COM 717081103 1,412 43,970 SH   SOLE   0 0 43,970
PHILIP MORRIS INTERNATIONAL IN COM 718172109 1,582 19,322 SH   SOLE   0 0 19,322
PLC SYSTEMS INC COM 69341D104 0 11,900 SH   SOLE   0 0 11,900
PLUM CREEK TIMBER COM 729251108 548 13,028 SH   SOLE   0 0 13,028
PNC FINANCIAL CORP COM 693475105 1,239 14,246 SH   SOLE   0 0 14,246
PROCTER & GAMBLE COM 742718109 1,028 12,755 SH   SOLE   0 0 12,755
PRUDENTIAL COM G72899100 955 45,159 SH   SOLE   0 0 45,159
SCHLUMBERGER LTD COM 806857108 244 2,500 SH   SOLE   0 0 2,500
SOUTHERN COMPANY COM 842587107 533 12,132 SH   SOLE   0 0 12,132
SPECTRA ENERGY COM 847560109 226 6,119 SH   SOLE   0 0 6,119
SPECTRANETICS COM 84760C107 22,837 753,464 SH   SOLE   0 0 753,464
TALISMAN ENERGY INC COM 87425E103 410 41,100 SH   SOLE   0 0 41,100
THORATEC LABS CORP COM 885175307 382 10,654 SH   SOLE   0 0 10,654
TIFFANY & CO COM 886547108 276 3,200 SH   SOLE   0 0 3,200
TOOTSIE ROLL COM 890516107 214 7,146 SH   SOLE   0 0 7,146
TRINITY INDS INC. COM 896522109 274 3,800 SH   SOLE   0 0 3,800
TVA GROUP INC CL B COM 872948203 157 19,800 SH   SOLE   0 0 19,800
UMB FINANCIAL CORP COM 902788108 1,294 20,000 SH   SOLE   0 0 20,000
UNION PACIFIC COM 907818108 1,419 7,560 SH   SOLE   0 0 7,560
UNIVERSAL ELECTRONICS COM 913483103 13,172 343,111 SH   SOLE   0 0 343,111
URANIUM ENERGY COM 916896103 18 14,000 SH   SOLE   0 0 14,000
VALERO ENERGY COM 91913Y100 1,689 31,800 SH   SOLE   0 0 31,800
VASOMEDICAL INC COM 922321104 4 11,000 SH   SOLE   0 0 11,000
VATUKOULA GOLD MINES PLC COM G9323J110 1 13,500 SH   SOLE   0 0 13,500
VERIZON COMM COM 92343V104 1,861 39,128 SH   SOLE   0 0 39,128
VODAFONE GROUP PLC COM 92857W308 205 5,577 SH   SOLE   0 0 5,577
W.P. CAREY INC. COM 92936U109 1,052 17,513 SH   SOLE   0 0 17,513
WABCO HOLDINGS INC. COM 92927k102 206 1,950 SH   SOLE   0 0 1,950
WASTE MGT. COM 94106L109 542 12,883 SH   SOLE   0 0 12,883
WEYERHAEUSER COM 962166104 519 17,700 SH   SOLE   0 0 17,700
WILLIAMS CO COM 969457100 258 6,350 SH   SOLE   0 0 6,350
XEROX COM 984121103 473 41,891 SH   SOLE   0 0 41,891