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

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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 EXPRESS CO COM 025816109 348 4,700 SH   SOLE   4,700 0 0
AMERICAN INTL GROUP INC COM NEW 026874784 864 15,210 SH   SOLE   15,210 0 0
ANGLOGOLD ASHANTI LTD SPONSORED ADR 035128206 142 17,300 SH   SOLE   17,300 0 0
APPLE INC COM 037833100 2,621 23,760 SH   SOLE   23,760 0 0
CHEMTURA CORP COM NEW 163893209 19,437 679,139 SH   SOLE   679,139 0 0
CISCO SYS INC COM 17275R102 777 29,600 SH   SOLE   29,600 0 0
CITIGROUP INC COM NEW 172967424 8,221 165,705 SH   SOLE   165,705 0 0
CORNING INC COM 219350105 14,230 831,200 SH   SOLE   831,200 0 0
DISH NETWORK CORP CL A 25470M109 8,409 144,135 SH   SOLE   144,135 0 0
DISNEY WALT CO COM DISNEY 254687106 634 6,200 SH   SOLE   6,200 0 0
DOMTAR CORP COM NEW 257559203 536 15,000 SH   SOLE   15,000 0 0
DOW CHEM CO COM 260543103 15,805 372,750 SH   SOLE   372,750 0 0
EAST WEST BANCORP INC COM 27579R104 384 10,000 SH   SOLE   10,000 0 0
EBAY INC COM 278642103 292 11,950 SH   SOLE   11,950 0 0
FOSTER L B CO COM 350060109 307 25,000 SH   SOLE   25,000 0 0
GOOGLE INC CL A 38259P508 319 500 SH   SOLE   500 0 0
GOOGLE INC CL C 38259P706 305 501 SH   SOLE   501 0 0
IAMGOLD CORP COM 450913108 1,789 1,097,540 SH   SOLE   1,097,540 0 0
JPMORGAN CHASE & CO COM 46625H100 10,499 172,206 SH   SOLE   172,206 0 0
KENNAMETAL INC COM 489170100 3,053 122,642 SH   SOLE   122,642 0 0
KINROSS GOLD CORP COM NO PAR 496902404 2,111 1,227,525 SH   SOLE   1,227,525 0 0
LIMELIGHT NETWORKS INC COM 53261M104 865 452,785 SH   SOLE   452,785 0 0
MMA CAP MGMT LLC COM 55315D105 131 10,000 SH   SOLE   10,000 0 0
PACIFIC SUNWEAR CALIF INC COM 694873100 10 31,624 SH   SOLE   31,624 0 0
PAYPAL HLDGS INC COM 70450Y103 566 18,250 SH   SOLE   18,250 0 0
PNC FINL SVCS GROUP INC COM 693475105 602 6,750 SH   SOLE   6,750 0 0
REEDS INC COM 758338107 498 109,000 SH   SOLE   109,000 0 0
T MOBILE US INC COM 872590104 31,894 801,161 SH   SOLE   801,161 0 0
TIME WARNER INC COM NEW 887317303 631 9,186 SH   SOLE   9,186 0 0
TRINSEO S A SHS L9340P101 22,309 883,520 SH   SOLE   883,520 0 0
TWENTY FIRST CENTY FOX INC CL A 90130A101 2,698 100,000 SH   SOLE   100,000 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 16,379 376,438 SH   SOLE   376,438 0 0
WSFS FINL CORP COM 929328102 980 34,000 SH   SOLE   34,000 0 0