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
AMERICAN AIRLS GROUP INC COM 02376R102 1,942 50,000 SH   SOLE 50,000 0 0
BROADSOFT INC COM 11133B409 7,490 250,000 SH   SOLE 250,000 0 0
CAREDX INC COM 14167L103 1,648 395,316 SH   SOLE 395,316 0 0
CASCADE MICROTECH INC COM 147322101 13,680 967,500 SH   SOLE 967,500 0 0
COMMUNITY BANKERS TR CORP COM 203612106 5,436 1,085,000 SH   SOLE 1,085,000 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 11,218 250,000 SH   SOLE 250,000 0 0
DIME CMNTY BANCSHARES COM 253922108 845 50,000 SH   SOLE 50,000 0 0
GENIE ENERGY LTD CL B 372284208 1,479 179,734 SH   SOLE 179,734 0 0
HERITAGE COMMERCE CORP COM 426927109 680 60,000 SH   SOLE 60,000 0 0
HONEYWELL INTL INC COM 438516106 237 2,500 SH   SOLE 2,500 0 0
INTERNATIONAL SPEEDWAY CORP CL A 460335201 4,761 150,000 SH   SOLE 150,000 0 0
IRIDEX CORP COM 462684101 9,513 1,250,000 SH   SOLE 1,250,000 0 0
METLIFE INC COM 59156R108 165 3,500 SH   SOLE 3,500 0 0
NAVIGATOR HOLDINGS LTD SHS Y62132108 10,298 771,420 SH   SOLE 771,420 0 0
PAR PETE CORP COM NEW 69888T207 14,318 687,367 SH   SOLE 687,367 0 0
PEAPACK-GLADSTONE FINL CORP COM 704699107 1,059 50,000 SH   SOLE 50,000 0 0
RENTECH NITROGEN PARTNERS L COM UNIT 760113100 5,605 475,000 SH   SOLE 475,000 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 3,206 30,000 SH   SOLE 30,000 0 0
UNITED STATES ANTIMONY CORP COM 911549103 14 40,986 SH   SOLE 40,986 0 0