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
3M CO COM COM 88579Y101 2,951 24,712 SH   SOLE None 24,712 0 0
ABB LTD SPONSORED ADR COM 000375204 236 10,000 SH   SOLE None 10,000 0 0
ABBOTT LABS COM COM 002824100 1,782 53,681 SH   SOLE None 53,681 0 0
ABBVIE INC COM 00287y109 3,021 67,531 SH   SOLE None 67,531 0 0
ACCELRYS INC COM COM 00430U103 153 15,540 SH   SOLE None 15,540 0 0
ACTIVE POWER INC COM COM 00504w308 61 21,000 SH   SOLE None 21,000 0 0
AIR T INC COM COM 009207101 185 16,419 SH   SOLE None 16,419 0 0
ALASKA COMMNCT SYS GRP COM COM 01167p101 581 225,931 SH   SOLE None 225,931 0 0
ALBANY MOLECULAR RESH INC COM COM 012423109 3,699 287,000 SH   SOLE None 287,000 0 0
ALCOA INC COM COM 013817101 367 45,200 SH   SOLE None 45,200 0 0
ALEXANDER & BALDWIN INC NEW CO COM 014491104 750 20,824 SH   SOLE None 20,824 0 0
ALLIANCEBERNSTEIN HOLDING LP U COM 01881g106 1,052 52,950 SH   SOLE None 52,950 0 0
AMC NETWORKS INC CL A COM 00164V103 1,247 18,200 SH   SOLE None 18,200 0 0
AMERICAN EXPRESS CO COM COM 025816109 204 2,700 SH   SOLE None 2,700 0 0
AMERICAN RLTY CAP PPTYS INC CO COM 02917t104 228 18,650 SH   SOLE None 18,650 0 0
AMERIPRISE FINL INC COM COM 03076C106 729 8,000 SH   SOLE None 8,000 0 0
AMERISERV FINL INC COM COM 03074A102 31 10,000 SH   SOLE None 10,000 0 0
AMGEN INC COM COM 031162100 712 6,360 SH   SOLE None 6,360 0 0
AMTECH SYS INC COM PAR $0.01N COM 032332504 707 96,860 SH   SOLE None 96,860 0 0
ANADARKO PETE CORP COM COM 032511107 395 4,250 SH   SOLE None 4,250 0 0
ANALYSTS INTL CORP COM NEW COM 032681207 383 59,499 SH   SOLE None 59,499 0 0
APACHE CORP COM COM 037411105 898 10,550 SH   SOLE None 10,550 0 0
APPLE INC COM COM 037833100 3,213 6,740 SH   SOLE None 6,740 0 0
APPLIED MATLS INC COM COM 038222105 1,310 74,716 SH   SOLE None 74,716 0 0
ARCHER DANIELS MIDLAND CO COM COM 039483102 479 13,000 SH   SOLE None 13,000 0 0
ASCENT CAP GROUP INC COM SER A COM 043632108 2,128 26,392 SH   SOLE None 26,392 0 0
ASHLAND INC NEW COM COM 044209104 314 3,400 SH   SOLE None 3,400 0 0
ASIAINFO HLDGS INC COM COM 04518a104 122 10,600 SH   SOLE None 10,600 0 0
AT&T INC COM COM 00206R102 3,421 101,162 SH   SOLE None 101,162 0 0
AUTOMATIC DATA PROCESSING INC COM 053015103 264 3,650 SH   SOLE None 3,650 0 0
AVIAT NETWORKS INC COM COM 05366Y102 731 284,248 SH   SOLE None 284,248 0 0
AXCELIS TECHNOLOGIES INC COM COM 054540109 1,017 482,000 SH   SOLE None 482,000 0 0
AXT INC COM COM 00246W103 501 213,900 SH   SOLE None 213,900 0 0
BANK NEW YORK MELLON CORP COM COM 064058100 1,341 44,412 SH   SOLE None 44,412 0 0
BANK OF AMERICA CORPORATION CO COM 060505104 306 22,146 SH   SOLE None 22,146 0 0
BAXTER INTL INC COM COM 071813109 441 6,710 SH   SOLE None 6,710 0 0
BB&T CORP COM COM 054937107 371 11,000 SH   SOLE None 11,000 0 0
BEAM INC COM COM 073730103 2,106 32,580 SH   SOLE None 32,580 0 0
BERKSHIRE HATHAWAY INC DEL CL COM 084670702 4,557 40,149 SH   SOLE None 40,149 0 0
BLACKHAWK NETWORK HLDGS COM 09238e104 3,043 126,626 SH   SOLE None 126,626 0 0
BOSTON PRIVATE FINL HLDGS INC COM 101119105 263 23,700 SH   SOLE None 23,700 0 0
BRISTOL MYERS SQUIBB CO COM COM 110122108 3,397 73,392 SH   SOLE None 73,392 0 0
BTU INTL INC COM COM 056032105 390 118,101 SH   SOLE None 118,101 0 0
CALAMOS ASSET MGMT INC COM 12811r104 385 38,500 SH   SOLE None 38,500 0 0
CALLAWAY GOLF CO COM COM 131193104 1,252 175,900 SH   SOLE None 175,900 0 0
CAPITOL ACQUISITION CORP COM 14056v204 152 15,000 SH   SOLE None 15,000 0 0
CAPSTONE TURBINE CORP COM COM 14067d102 117 100,000 SH   SOLE None 100,000 0 0
CARLISLE COS INC COM COM 142339100 675 9,600 SH   SOLE None 9,600 0 0
CELGENE CORP COM COM 151020104 1,110 7,200 SH   SOLE None 7,200 0 0
CHEVRON CORP NEW COM COM 166764100 604 4,968 SH   SOLE None 4,968 0 0
CINCINNATI BELL INC COM COM 171871106 1,346 494,837 SH   SOLE None 494,837 0 0
CINCINNATI FINL CORP COM COM 172062101 5,024 106,537 SH   SOLE None 106,537 0 0
CISCO SYS INC COM COM 17275R102 3,218 137,353 SH   SOLE None 137,353 0 0
CITIGROUP INC COM NEW COM 172967424 733 15,110 SH   SOLE None 15,110 0 0
COBRA ELECTRS CORP COM COM 191042100 567 202,474 SH   SOLE None 202,474 0 0
COCA COLA CO COM COM 191216100 3,739 98,706 SH   SOLE None 98,706 0 0
COLGATE PALMOLIVE CO COM COM 194162103 237 4,000 SH   SOLE None 4,000 0 0
COLLECTORS UNIVERSE COM NEW COM 19421r200 758 51,634 SH   SOLE None 51,634 0 0
COMPUWARE CORP COM COM 205638109 2,767 247,300 SH   SOLE None 247,300 0 0
CONAGRA FOODS INC COM COM 205887102 1,197 39,454 SH   SOLE None 39,454 0 0
CONOCOPHILLIPS COM COM 20825C104 2,914 41,918 SH   SOLE None 41,918 0 0
CONSOLIDATED EDISON INC COM COM 209115104 679 12,316 SH   SOLE None 12,316 0 0
CONTINENTAL MATLS COM 211615307 217 13,500 SH   SOLE None 13,500 0 0
COOPER TIRE & RUBR CO COM COM 216831107 1,762 57,210 SH   SOLE None 57,210 0 0
CORNERSTONE THERAPEUTI COM COM 21924p103 235 25,000 SH   SOLE None 25,000 0 0
CORNING INC COM COM 219350105 3,273 224,302 SH   SOLE None 224,302 0 0
CORVEL CORP COM COM 221006109 1,839 49,742 SH   SOLE None 49,742 0 0
COSTCO WHSL CORP NEW COM COM 22160K105 362 3,141 SH   SOLE None 3,141 0 0
COURIER CORP COM COM 222660102 589 37,200 SH   SOLE None 37,200 0 0
CROSS CTRY HEALTHCARE COM 227483104 201 33,200 SH   SOLE None 33,200 0 0
CRYOLIFE INC COM COM 228903100 493 70,447 SH   SOLE None 70,447 0 0
CST BRANDS COM 12646r105 1,227 41,175 SH   SOLE None 41,175 0 0
ACTIVE NETWORK INC COM 00506d100 286 20,000 SH   SOLE None 20,000 0 0
CAMELOT INFORMATION SYS INC COM 13322v105 38 20,000 SH   SOLE None 20,000 0 0
GLOBECOMM SYS INC COM COM 37956x103 769 54,900 SH   SOLE None 54,900 0 0
HALLWOOD GROUP INC COM 406364406 140 14,043 SH   SOLE None 14,043 0 0
ONYX PHARMACEUTICALS INC COM 683399109 299 2,400 SH   SOLE None 2,400 0 0
WSP HLDGS LTD ADR COM 92934f203 37 18,100 SH   SOLE None 18,100 0 0
CSX CORP COM COM 126408103 737 28,626 SH   SOLE None 28,626 0 0
DAKTRONICS INC COM COM 234264109 986 88,087 SH   SOLE None 88,087 0 0
DARDEN RESTAURANTS INC COM COM 237194105 4,421 95,500 SH   SOLE None 95,500 0 0
DEAN FOODS CO NEW COM COM 242370203 464 24,027 SH   SOLE None 24,027 0 0
DEERE & CO COM COM 244199105 217 2,669 SH   SOLE None 2,669 0 0
DELL INC COM COM 24702R101 1,416 103,000 SH   SOLE None 103,000 0 0
DEMAND MEDIA INC COM COM 24802n109 541 85,638 SH   SOLE None 85,638 0 0
DESWELL INDS INC COM COM 250639101 179 72,943 SH   SOLE None 72,943 0 0
DIAMOND OFFSHORE DRILLING INC COM 25271C102 686 11,000 SH   SOLE None 11,000 0 0
DIGIRAD CORP COM COM 253827109 734 291,342 SH   SOLE None 291,342 0 0
DIGITAL ALLY INC COM NEW COM 25382P208 167 12,163 SH   SOLE None 12,163 0 0
DIGITAL GENERATION INC COM 25400b108 1,029 79,600 SH   SOLE None 79,600 0 0
DISNEY WALT CO COM DISNEY COM 254687106 1,410 21,867 SH   SOLE None 21,867 0 0
DONEGAL GROUP INC CL A COM 257701201 173 12,400 SH   SOLE None 12,400 0 0
DOW CHEM CO COM COM 260543103 1,336 34,793 SH   SOLE None 34,793 0 0
DU PONT E I DE NEMOURS & CO CO COM 263534109 2,174 37,120 SH   SOLE None 37,120 0 0
E M C CORP MASS COM COM 268648102 961 37,585 SH   SOLE None 37,585 0 0
EAGLE BANCORP MONT COM 26942g100 411 37,900 SH   SOLE None 37,900 0 0
EAGLE CAP GROWTH FD INC COM COM 269451100 1,227 151,438 SH   SOLE None 151,438 0 0
EATON CORP PLC COM g29183103 1,502 21,817 SH   SOLE None 21,817 0 0
EATON VANCE TX MGD DIV EQ INCM COM 27828N102 167 16,600 SH   SOLE None 16,600 0 0
EBAY INC COM COM 278642103 458 8,200 SH   SOLE None 8,200 0 0
ELECTRO SCIENTIFIC IND COM COM 285229100 369 31,551 SH   SOLE None 31,551 0 0
EMERSON ELEC CO COM COM 291011104 1,372 21,201 SH   SOLE None 21,201 0 0
EMERSON RADIO CORP COM NEW COM 291087203 286 152,121 SH   SOLE None 152,121 0 0
EMMIS COMMUNICTNS CORP CL A COM 291525103 278 103,400 SH   SOLE None 103,400 0 0
ENZO BIOCHEM INC COM 294100102 344 136,408 SH   SOLE None 136,408 0 0
EUROSEAS LTD COM NEW COM Y23592200 122 80,982 SH   SOLE None 80,982 0 0
EXACTTARGET INC COM 30064k105 480 30,000 SH   SOLE None 30,000 0 0
EXXON MOBIL CORP COM COM 30231G102 2,764 32,125 SH   SOLE None 32,125 0 0
FEDERAL MOGUL CORP COM COM 313549404 184 10,977 SH   SOLE None 10,977 0 0
FIRST TR ENERGY INCOME & GRW C COM 33738G104 791 24,710 SH   SOLE None 24,710 0 0
FIRSTENERGY CORP COM COM 337932107 908 24,900 SH   SOLE None 24,900 0 0
FIRSTHAND TECH VALUE FD INC CO COM 33766Y100 5,315 217,100 SH   SOLE None 217,100 0 0
FIRSTMERIT CORP COM COM 337915102 248 11,419 SH   SOLE None 11,419 0 0
FLOW INTERNATIONAL CORP COM 343468104 439 110,000 SH   SOLE None 110,000 0 0
FORESTAR GROUP INC COM COM 346233109 2,550 118,459 SH   SOLE None 118,459 0 0
FREEPORT-MCMORAN COPPER & GOLD COM 35671D857 605 18,282 SH   SOLE None 18,282 0 0
FREIGHTCAR AMER INC COM COM 357023100 680 32,900 SH   SOLE None 32,900 0 0
FREQUENCY ELECTRS INC COM COM 358010106 246 21,048 SH   SOLE None 21,048 0 0
GARDNER DENVER INC COM COM 365558105 1,461 19,229 SH   SOLE None 19,229 0 0
GENERAL ELECTRIC CO COM COM 369604103 2,433 101,825 SH   SOLE None 101,825 0 0
GENERAL MLS INC COM COM 370334104 435 9,068 SH   SOLE None 9,068 0 0
GOODRICH PETE CORP COM NEW COM 382410405 632 26,000 SH   SOLE None 26,000 0 0
GOOGLE INC CL A COM 38259P508 590 674 SH   SOLE None 674 0 0
GREENWAY MED TECH COM 39679b103 220 10,641 SH   SOLE None 10,641 0 0
HARRIS & HARRIS GROUP COM 413833104 942 313,866 SH   SOLE None 313,866 0 0
HARRIS CORP DEL COM COM 413875105 1,034 17,444 SH   SOLE None 17,444 0 0
HARTE-HANKS INC COM COM 416196103 883 99,978 SH   SOLE None 99,978 0 0
HAWAIIAN HOLDINGS INC COM COM 419879101 1,094 147,000 SH   SOLE None 147,000 0 0
HEIDRICK & STRUGGLES INTL INC COM 422819102 667 35,000 SH   SOLE None 35,000 0 0
HELMERICH & PAYNE INC COM COM 423452101 207 3,000 SH   SOLE None 3,000 0 0
HESKA CORP COM RESTRC NEW COM 42805e306 577 99,470 SH   SOLE None 99,470 0 0
HILLSHIRE BRANDS CO COM COM 432589109 1,292 42,034 SH   SOLE None 42,034 0 0
HONEYWELL INTL INC COM COM 438516106 2,450 29,498 SH   SOLE None 29,498 0 0
HOOKER FURNITURE CORP COM COM 439038100 263 17,600 SH   SOLE None 17,600 0 0
HUBBELL INC CL A COM 443510102 12,643 134,217 SH   SOLE None 134,217 0 0
HYSTER YALE MATLS HANDLING INC COM 449172105 2,215 24,704 SH   SOLE None 24,704 0 0
IMATION CORP COM COM 45245A107 1,018 248,365 SH   SOLE None 248,365 0 0
ING U S INC COM 45685e106 1,608 55,050 SH   SOLE None 55,050 0 0
INTEL CORP COM COM 458140100 4,719 205,890 SH   SOLE None 205,890 0 0
INTERNATIONAL BUSINESS MACHS C COM 459200101 2,265 12,229 SH   SOLE None 12,229 0 0
INTERNATIONAL GAME TECHNOLOGY COM 459902102 256 13,533 SH   SOLE None 13,533 0 0
INTERNET PATENTS CORP COM COM 46063g101 377 117,947 SH   SOLE None 117,947 0 0
INVACARE CORP COM COM 461203101 1,288 74,609 SH   SOLE None 74,609 0 0
ISHARES GOLD TRUST ISHARES COM 464285105 953 73,945 SH   SOLE None 73,945 0 0
ITERIS INC COM COM 46564T107 508 277,742 SH   SOLE None 277,742 0 0
JAKKS PAC INC COM COM 47012e106 405 90,100 SH   SOLE None 90,100 0 0
JOHN BEAN TECHNOLOGIES COM 477839104 292 11,732 SH   SOLE None 11,732 0 0
JOHNSON & JOHNSON COM COM 478160104 4,225 48,735 SH   SOLE None 48,735 0 0
JPMORGAN CHASE & CO COM COM 46625H100 4,164 80,553 SH   SOLE None 80,553 0 0
KAYDON CORP COM COM 486587108 483 13,600 SH   SOLE None 13,600 0 0
KEYCORP NEW COM COM 493267108 310 27,223 SH   SOLE None 27,223 0 0
KID BRANDS INC COM COM 49375T100 265 180,000 SH   SOLE None 180,000 0 0
KIMBALL INTL INC CL B COM 494274103 694 62,583 SH   SOLE None 62,583 0 0
KOPIN CORP COM COM 500600101 181 45,000 SH   SOLE None 45,000 0 0
KRAFT FOODS GROUP INC COM COM 50076Q106 2,252 42,915 SH   SOLE None 42,915 0 0
KRISPY KREME DOUGHNUTS INC COM COM 501014104 1,639 84,753 SH   SOLE None 84,753 0 0
LAKELAND INDS INC COM COM 511795106 2,177 403,114 SH   SOLE None 403,114 0 0
LANDEC CORP COM COM 514766104 933 76,476 SH   SOLE None 76,476 0 0
LANNET INC COM COM 516012101 211 9,650 SH   SOLE None 9,650 0 0
LAWSON PRODS INC COM COM 520776105 437 42,398 SH   SOLE None 42,398 0 0
LEE ENTERPRISES INC COM COM 523768109 187 70,800 SH   SOLE None 70,800 0 0
LEGG MASON INC COM COM 524901105 829 24,800 SH   SOLE None 24,800 0 0
LENNAR CORP CL B COM 526057302 3,578 124,874 SH   SOLE None 124,874 0 0
LEUCADIA NATL CORP COM 527288104 1,091 40,070 SH   SOLE None 40,070 0 0
LIBERTY ALL STAR EQUITY FD SH COM 530158104 4,331 800,567 SH   SOLE None 800,567 0 0
LIBERTY INTERACTIVE CORP INT C COM 53071M104 1,988 84,702 SH   SOLE None 84,702 0 0
LIBERTY INTERACTIVE CORP LBT V COM 53071M880 3,401 38,577 SH   SOLE None 38,577 0 0
LIBERTY MEDIA CORPORATION LIB COM 531229102 1,516 10,300 SH   SOLE None 10,300 0 0
LIFETIME BRANDS INC COM COM 53222Q103 636 41,595 SH   SOLE None 41,595 0 0
LILLY ELI & CO COM COM 532457108 259 5,145 SH   SOLE None 5,145 0 0
LINCOLN EDL SVCS CORP COM COM 533535100 380 82,500 SH   SOLE None 82,500 0 0
LNB BANCORP INC COM COM 502100100 822 87,430 SH   SOLE None 87,430 0 0
LUBYS INC COM COM 549282101 639 88,971 SH   SOLE None 88,971 0 0
LYDALL INC DEL COM COM 550819106 618 36,000 SH   SOLE None 36,000 0 0
MALLINCKRODT PUB LTD COM g5785g107 3,622 82,150 SH   SOLE None 82,150 0 0
MANITEX INTL INC COM COM 563420108 992 90,770 SH   SOLE None 90,770 0 0
MAST THERAPEUTICS INC COM COM 576314108 811 1,848,045 SH   SOLE None 1,848,045 0 0
MATSON INC COM COM 57686G105 701 26,707 SH   SOLE None 26,707 0 0
MAUI LD & PINNEAPPLE INC COM 577345101 82 20,420 SH   SOLE None 20,420 0 0
MAXWELL TECHNOLOGIES INC COM COM 577767106 245 27,000 SH   SOLE None 27,000 0 0
MAXYGEN INC COM COM 577776107 687 271,539 SH   SOLE None 271,539 0 0
MCDONALDS CORP COM COM 580135101 1,840 19,125 SH   SOLE None 19,125 0 0
MEDICAL ACTION INDS INC COM COM 58449L100 851 128,202 SH   SOLE None 128,202 0 0
MEDTRONIC INC COM COM 585055106 521 9,780 SH   SOLE None 9,780 0 0
MERCK & CO INC NEW COM COM 58933Y105 1,328 27,904 SH   SOLE None 27,904 0 0
MICROSOFT CORP COM COM 594918104 4,973 149,424 SH   SOLE None 149,424 0 0
MINDSPEED TECHNOLOGIES INC COM 602682205 988 325,000 SH   SOLE None 325,000 0 0
MINE SAFETY APPLIANCES CO COM COM 602720104 389 7,533 SH   SOLE None 7,533 0 0
MOLEX INC CL A COM 608554200 538 14,065 SH   SOLE None 14,065 0 0
MONDELEZ INTL INC CL A COM 609207105 930 29,587 SH   SOLE None 29,587 0 0
MVC CAPITAL INC COM COM 553829102 1,117 85,500 SH   SOLE None 85,500 0 0
NACCO INDS INC CL A COM 629579103 772 13,934 SH   SOLE None 13,934 0 0
NASH FINCH CO COM COM 631158102 1,144 43,300 SH   SOLE None 43,300 0 0
NAUTILUS INC COM COM 63910B102 521 72,175 SH   SOLE None 72,175 0 0
NETSPEND HLDS COM 64118v106 4,640 290,000 SH   SOLE None 290,000 0 0
NEWMONT MINING CORP COM COM 651639106 711 25,297 SH   SOLE None 25,297 0 0
NV ENERGY INC COM COM 67073y106 944 40,000 SH   SOLE None 40,000 0 0
ORBIT INTL CORP COM NEW COM 685559304 69 20,200 SH   SOLE None 20,200 0 0
PARKER HANNIFIN CORP COM COM 701094104 1,182 10,875 SH   SOLE None 10,875 0 0
PENFORD CORP COM COM 707051108 741 52,000 SH   SOLE None 52,000 0 0
PEPSICO INC COM COM 713448108 1,965 24,711 SH   SOLE None 24,711 0 0
PERCEPTRON INC COM COM 71361F100 443 41,525 SH   SOLE None 41,525 0 0
PERMA FIX ENVIRONMENTAL SVCS COM 714157104 278 379,353 SH   SOLE None 379,353 0 0
PFIZER INC COM COM 717081103 5,086 177,064 SH   SOLE None 177,064 0 0
PHILIP MORRIS INTL INC COM COM 718172109 727 8,392 SH   SOLE None 8,392 0 0
PICO HLDGS INC COM NEW COM 693366205 559 25,800 SH   SOLE None 25,800 0 0
PLANAR SYS INC COM COM 726900103 56 30,500 SH   SOLE None 30,500 0 0
POLYCOM INC COM 73172k104 824 75,430 SH   SOLE None 75,430 0 0
POST HLDGS INC COM COM 737446104 1,478 36,620 SH   SOLE None 36,620 0 0
PPL CORP COM COM 69351T106 1,322 43,500 SH   SOLE None 43,500 0 0
PROCTER & GAMBLE CO COM COM 742718109 3,572 47,253 SH   SOLE None 47,253 0 0
PROGRESSIVE CORP OHIO COM COM 743315103 709 26,037 SH   SOLE None 26,037 0 0
PVF CAPITAL CORP COM COM 693654105 751 182,388 SH   SOLE None 182,388 0 0
QEP RES INC COM COM 74733V100 2,243 81,013 SH   SOLE None 81,013 0 0
QIHOO 360 TECHNOLOGY C ADS COM 74734m109 250 3,000 SH   SOLE None 3,000 0 0
QUALCOMM INC COM COM 747525103 648 9,619 SH   SOLE None 9,619 0 0
QUMU CORP COM COM 749063103 623 50,219 SH   SOLE None 50,219 0 0
RAYTHEON CO COM NEW COM 755111507 1,249 16,200 SH   SOLE None 16,200 0 0
RCM TECHNOLOGIES INC COM NEW COM 749360400 123 20,475 SH   SOLE None 20,475 0 0
REALNETWORKS INC COM 75605l708 1,116 130,500 SH   SOLE None 130,500 0 0
ROUSE PPTYS INC COM COM 779287101 1,316 63,923 SH   SOLE None 63,923 0 0
RTI BIOLOGICS INC COM COM 74975N105 484 129,500 SH   SOLE None 129,500 0 0
RUBY TUESDAY INC COM COM 781182100 765 102,010 SH   SOLE None 102,010 0 0
RUE21, INC COM 781295100 565 14,000 SH   SOLE None 14,000 0 0
RUSH ENTERPRISES INC CL B COM 781846308 8,989 394,586 SH   SOLE None 394,586 0 0
SAFEGUARD SCIENTIFICS INC COM COM 786449207 471 30,000 SH   SOLE None 30,000 0 0
SALEM COMMUNICATIONS COM 794093104 434 52,414 SH   SOLE None 52,414 0 0
SANFILIPPO JOHN B & SON INC CO COM 800422107 720 31,049 SH   SOLE None 31,049 0 0
SCHLUMBERGER LTD COM COM 806857108 741 8,390 SH   SOLE None 8,390 0 0
SCOTTS MIRACLE GRO CO CL A COM 810186106 1,871 34,005 SH   SOLE None 34,005 0 0
SILICON GRAPHICS INTL CORP COM COM 82706L108 349 21,500 SH   SOLE None 21,500 0 0
SILICON IMAGE INC COM COM 82705T102 212 39,700 SH   SOLE None 39,700 0 0
SIRIUS XM RADIO INC COM COM 82967N108 46 12,000 SH   SOLE None 12,000 0 0
SMUCKER J M CO COM NEW COM 832696405 249 2,371 SH   SOLE None 2,371 0 0
SOUTHERN COMMUNITY FINANCIAL COM 842632101 0 25,000 SH   SOLE None 25,000 0 0
SPARTAN STORES INC COM COM 846822104 2,595 117,618 SH   SOLE None 117,618 0 0
SPECTRA ENERGY CORP COM COM 847560109 389 11,360 SH   SOLE None 11,360 0 0
STANDARD PARKING CORP COM COM 853790103 2,123 78,954 SH   SOLE None 78,954 0 0
STANLEY FURNITURE CO INC COM N COM 854305208 648 174,608 SH   SOLE None 174,608 0 0
STARZ LIBRTY CAP COM A COM 85571q102 1,082 38,469 SH   SOLE None 38,469 0 0
STATE AUTO FINL CORP COM COM 855707105 712 33,995 SH   SOLE None 33,995 0 0
STEALTHGAS INC SHS COM y81669106 228 25,000 SH   SOLE None 25,000 0 0
STERLING MNG CO COM COM 859410102 0 408,700 SH   SOLE None 408,700 0 0
STRATEGIC GLOBAL INCOME FD COM COM 862719101 1,124 121,000 SH   SOLE None 121,000 0 0
STRYKER CORP COM COM 863667101 416 6,160 SH   SOLE None 6,160 0 0
SYMANTEC CORP COM COM 871503108 505 20,400 SH   SOLE None 20,400 0 0
SYMMETRICOM INC COM COM 871543104 227 47,000 SH   SOLE None 47,000 0 0
SYSCO CORP COM COM 871829107 1,609 50,563 SH   SOLE None 50,563 0 0
TARGACEPT INC COM COM 87611R306 266 50,000 SH   SOLE None 50,000 0 0
TEVA PHARMACEUTICAL INDS LTD A COM 881624209 302 8,000 SH   SOLE None 8,000 0 0
TEXAS INSTRS INC COM COM 882508104 1,266 31,432 SH   SOLE None 31,432 0 0
TFS FINL CORP COM COM 87240R107 6,968 582,141 SH   SOLE None 582,141 0 0
THE ADT CORPORATION COM COM 00101J106 2,303 56,643 SH   SOLE None 56,643 0 0
THERAGENICS CORP COM COM 883375107 565 259,033 SH   SOLE None 259,033 0 0
THERMO FISHER SCIENTIFIC INC C COM 883556102 276 3,000 SH   SOLE None 3,000 0 0
TIME WARNER INC COM NEW COM 887317303 1,903 28,912 SH   SOLE None 28,912 0 0
TIMKEN CO COM COM 887389104 243 4,025 SH   SOLE None 4,025 0 0
TOWER INTL INC COM COM 891826109 360 18,012 SH   SOLE None 18,012 0 0
TRIO TECH INTL COM NEW COM 896712205 61 18,922 SH   SOLE None 18,922 0 0
TRIPADVISOR INC COM COM 896945201 2,063 27,203 SH   SOLE None 27,203 0 0
TRUSTCO BK CORP N Y COM COM 898349105 538 90,400 SH   SOLE None 90,400 0 0
TUESDAY MORNING CORP COM NEW COM 899035505 1,238 80,990 SH   SOLE None 80,990 0 0
TWENTY-FIRST CENTY FOX COM 90130a101 250 7,450 SH   SOLE None 7,450 0 0
UNITED INS HLDGS CORP COM 910710102 640 72,500 SH   SOLE None 72,500 0 0
UNITED ONLINE INC COM COM 911268100 1,582 198,500 SH   SOLE None 198,500 0 0
US BANCORP DEL COM NEW COM 902973304 283 7,730 SH   SOLE None 7,730 0 0
UTAH MED PRODS INC COM COM 917488108 617 10,387 SH   SOLE None 10,387 0 0
VAALCO ENERGY INC COM NEW COM 91851C201 589 105,500 SH   SOLE None 105,500 0 0
VERIZON COMMUNICATIONS INC COM COM 92343V104 3,948 84,586 SH   SOLE None 84,586 0 0
VIAD CORP COM NEW COM 92552r406 2,650 106,222 SH   SOLE None 106,222 0 0
VICON INDS INC COM COM 925811101 116 45,262 SH   SOLE None 45,262 0 0
WALGREEN CO COM COM 931422109 2,245 41,730 SH   SOLE None 41,730 0 0
WARREN RES INC COM COM 93564a100 196 67,500 SH   SOLE None 67,500 0 0
WEATHERFORD INTERNATIONAL LTD COM H27013103 184 12,000 SH   SOLE None 12,000 0 0
WELLS FARGO & CO NEW COM COM 949746101 3,869 93,643 SH   SOLE None 93,643 0 0
WESTERN UN CO COM COM 959802109 1,237 66,279 SH   SOLE None 66,279 0 0
WET SEAL INC CL A COM 961840105 432 110,000 SH   SOLE None 110,000 0 0
WHITEWAVE FOODS CO COM CL A COM 966244105 1,658 83,012 SH   SOLE None 83,012 0 0
WILEY JOHN & SONS INC CLASS A COM 968223206 1,465 30,729 SH   SOLE None 30,729 0 0
WPCS INTL INC COM NEW COM 92931l302 51 18,105 SH   SOLE None 18,105 0 0
WUXI PHARMATECH CAYMAN INC SPO COM 929352102 738 26,925 SH   SOLE None 26,925 0 0
XEROX CORP COM COM 984121103 1,850 179,750 SH   SOLE None 179,750 0 0
ZAGG INC COM 98884u108 232 51,500 SH   SOLE None 51,500 0 0
ZEP INC COM COM 98944B108 1,544 94,929 SH   SOLE None 94,929 0 0
ZOLTEK COS INC COM COM 98975W104 1,001 60,005 SH   SOLE None 60,005 0 0
CHINA LODGING GROUP LTD SPONSO ADUS 16949N109 304 16,000 SH   SOLE None 16,000 0 0
GRAVITY CO LTD SPONSORED ADR ADUS 38911n107 313 278,578 SH   SOLE None 278,578 0 0
NATUZZI S P A ADR ADUS 63905a101 506 281,026 SH   SOLE None 281,026 0 0
NOVARTIS A G SPONSORED ADR ADUS 66987V109 322 4,200 SH   SOLE None 4,200 0 0
ROYAL DUTCH SHELL PLC SPON ADR ADUS 780259107 1,208 17,550 SH   SOLE None 17,550 0 0
ROYAL DUTCH SHELL PLC SPONS AD ADUS 780259206 1,259 19,169 SH   SOLE None 19,169 0 0
VODAFONE GROUP PLC NEW SPONS A ADUS 92857W209 446 12,680 SH   SOLE None 12,680 0 0
ACCESS MIDSTREAM PARTNERS L P LP 00434L109 1,013 20,969 SH   SOLE None 20,969 0 0
EL PASO PIPELINE PARTNERS L P LP 283702108 389 9,221 SH   SOLE None 9,221 0 0
ENERGY TRANSFER EQUITY L P COM LP 29273V100 681 10,356 SH   SOLE None 10,356 0 0
ENERGY TRANSFER PRTNRS L P UNI LP 29273R109 263 5,043 SH   SOLE None 5,043 0 0
ENTERPRISE PRODS PARTNERS L P LP 293792107 1,889 30,946 SH   SOLE None 30,946 0 0
FIRST TR MLP & ENERGY INCOME F LP 33739b104 1,027 52,409 SH   SOLE None 52,409 0 0
KINDER MORGAN ENERGY PARTNERS LP 494550106 1,048 13,126 SH   SOLE None 13,126 0 0
KINDER MORGAN INC DEL COM LP 49456B101 1,452 40,811 SH   SOLE None 40,811 0 0
MAGELLAN MIDSTREAM PRTNRS LP C LP 559080106 237 4,198 SH   SOLE None 4,198 0 0
ONEOK PARTNERS LP UNIT LTD PAR LP 68268N103 295 5,571 SH   SOLE None 5,571 0 0
PLAINS ALL AMERN PIPELINE L P LP 726503105 1,224 23,237 SH   SOLE None 23,237 0 0
ROSE ROCK MIDSTREAM L P COM U LP 777149105 458 14,325 SH   SOLE None 14,325 0 0
SPECTRA ENERGY PARTNERS LP COM LP 84756N109 374 8,522 SH   SOLE None 8,522 0 0
TESORO LOGISTICS LP COM UNIT L LP 88160T107 273 4,702 SH   SOLE None 4,702 0 0
UBS AG JERSEY BRH ALERIAN INFR LP 902641646 1,156 29,786 SH   SOLE None 29,786 0 0
WESTERN GAS PARTNERS LP COM UN LP 958254104 952 15,836 SH   SOLE None 15,836 0 0
WILLIAMS PARTNERS L P COM UNIT LP 96950F104 250 4,719 SH   SOLE None 4,719 0 0
ADAMS EXPRESS CO COM CLSD FD 006212104 1,134 91,510 SH   SOLE None 91,510 0 0
ALPINE TOTAL DYNAMIC DIVID FD CLSD FD 021060108 40 10,000 SH   SOLE None 10,000 0 0
ASIA PAC FD INC COM CLSD FD 044901106 192 18,940 SH   SOLE None 18,940 0 0
BOULDER GROWTH & INCOME FD INC CLSD FD 101507101 458 60,000 SH   SOLE None 60,000 0 0
BOULDER TOTAL RETURN FD INC CO CLSD FD 101541100 739 33,900 SH   SOLE None 33,900 0 0
CENTRAL FD CDA LTD CL A CLSD FD 153501101 3,534 240,418 SH   SOLE None 240,418 0 0
CLOUGH GLOBAL OPPORTUNITIES FD CLSD FD 18914E106 151 11,700 SH   SOLE None 11,700 0 0
CUTWATER SELECT INCOME FD COM CLSD FD 232229104 587 33,000 SH   SOLE None 33,000 0 0
EATON VANCE RISK MNGD DIV EQTY CLSD FD 27829G106 5,626 520,427 SH   SOLE None 520,427 0 0
GABELLI DIVD & INCOME TR COM CLSD FD 36242H104 509 25,615 SH   SOLE None 25,615 0 0
GDL FUND COM SH BEN IT CLSD FD 361570104 226 20,000 SH   SOLE None 20,000 0 0
JOHN HANCOCK PREMIUM DIVIDEND CLSD FD 41013t105 476 39,800 SH   SOLE None 39,800 0 0
MADISON CLAYMORE CALL &EQTY FD CLSD FD 557437100 1,578 199,000 SH   SOLE None 199,000 0 0
MFS GOVT MKTS INCOME TR SH BEN CLSD FD 552939100 496 87,475 SH   SOLE None 87,475 0 0
MFS INTER INCOME TR SH BEN INT CLSD FD 55273C107 2,831 533,097 SH   SOLE None 533,097 0 0
NUVEEN MUN VALUE FD INC COM CLSD FD 670928100 434 47,580 SH   SOLE None 47,580 0 0
NUVEEN OHIO QUALITY INCOME MUN CLSD FD 670980101 412 29,296 SH   SOLE None 29,296 0 0
SPECIAL OPPORTUNITIES FD INC C CLSD FD 84741T104 3,107 176,452 SH   SOLE None 176,452 0 0
SWISS HELVETIA FD INC COM CLSD FD 870875101 325 22,870 SH   SOLE None 22,870 0 0
TRI CONTL CORP COM CLSD FD 895436103 1,740 95,000 SH   SOLE None 95,000 0 0
VANGUARD WHITEHALL FDS INC HIG CLSD FD 921946406 250 4,352 SH   SOLE None 4,352 0 0
WESTERN ASSET CLYM INFL OPP IN CLSD FD 95766R104 1,195 103,000 SH   SOLE None 103,000 0 0
WESTERN ASSET CLYM INFL SEC IN CLSD FD 95766Q106 116 10,000 SH   SOLE None 10,000 0 0
ZWEIG TOTAL RETURN FD INC COM CLSD FD 989837208 6,990 533,563 SH   SOLE None 533,563 0 0
ADVISORSHARES TRIMTABS FLOAT S INDX FD 00768y818 305 6,964 SH   SOLE None 6,964 0 0
ALPS ETF TR ALERIAN MLP INDX FD 00162Q866 246 14,000 SH   SOLE None 14,000 0 0
BARCLAYS BK PLC IPATH S&P MLP INDX FD 06742a750 234 8,399 SH   SOLE None 8,399 0 0
BLDRS INDEX FDS TR EMER MK 50 INDX FD 09348R300 448 12,114 SH   SOLE None 12,114 0 0
CAMBRIA TR SHAREHOLDER YLD INDX FD 132061201 236 8,720 SH   SOLE None 8,720 0 0
CLAYMORE EXCHANGE TRD FD TR GU INDX FD 18383M506 8,380 353,448 SH   SOLE None 353,448 0 0
CREDIT SUISSE NASSAU BRH ETN L INDX FD 22542D852 1,109 37,843 SH   SOLE None 37,843 0 0
FIRST TR EXCHANGE TRADED FD NY INDX FD 33733E203 2,662 41,085 SH   SOLE None 41,085 0 0
INDEXIQ ETF TR IQ GLB RES ETF INDX FD 45409B883 279 9,861 SH   SOLE None 9,861 0 0
INDEXIQ ETF TR US RL EST SMCP INDX FD 45409B628 735 31,332 SH   SOLE None 31,332 0 0
ISHARES INC CORE MSCI EMERGING INDX FD 46434g103 245 5,029 SH   SOLE None 5,029 0 0
ISHARES INC EM MKT MIN VOL INDX FD 464286533 478 8,144 SH   SOLE None 8,144 0 0
ISHARES SILVER TRUST ISHARES INDX FD 46428Q109 2,462 117,803 SH   SOLE None 117,803 0 0
ISHARES TR BARCLYS 1-3 YR INDX FD 464287457 253 3,000 SH   SOLE None 3,000 0 0
ISHARES TR BARCLYS TIPS BD INDX FD 464287176 276 2,456 SH   SOLE None 2,456 0 0
ISHARES TR CORE MSCI EAFE INDX FD 46432f842 203 3,521 SH   SOLE None 3,521 0 0
ISHARES TR CORE S&P MCP ETF INDX FD 464287507 360 2,897 SH   SOLE None 2,897 0 0
ISHARES TR CORE S&P500 ETF INDX FD 464287200 1,759 10,415 SH   SOLE None 10,415 0 0
ISHARES TR DJ SEL DIV INX INDX FD 464287168 302 4,546 SH   SOLE None 4,546 0 0
ISHARES TR HGH DIV EQT FD INDX FD 46429B663 11,201 168,996 SH   SOLE None 168,996 0 0
ISHARES TR HIGH YLD CORP INDX FD 464288513 334 3,642 SH   SOLE None 3,642 0 0
ISHARES TR IBOXX INV CPBD INDX FD 464287242 205 1,806 SH   SOLE None 1,806 0 0
ISHARES TR MSCI EAFE INDEX INDX FD 464287465 570 8,937 SH   SOLE None 8,937 0 0
ISHARES TR MSCI EMERG MKT INDX FD 464287234 343 8,411 SH   SOLE None 8,411 0 0
ISHARES TR NASDQ BIO INDX INDX FD 464287556 359 1,715 SH   SOLE None 1,715 0 0
ISHARES TR RUSSELL MIDCAP INDX FD 464287499 364 2,615 SH   SOLE None 2,615 0 0
ISHARES TR RUSSELL1000GRW INDX FD 464287614 495 6,335 SH   SOLE None 6,335 0 0
ISHARES TR RUSSELL1000VAL INDX FD 464287598 549 6,374 SH   SOLE None 6,374 0 0
ISHARES TR US PFD STK IDX INDX FD 464288687 232 6,098 SH   SOLE None 6,098 0 0
ISHARES TR USA MIN VOL ID INDX FD 46429B697 281 8,452 SH   SOLE None 8,452 0 0
JAPAN SMALLER CAPTLZTN FD INC INDX FD 47109U104 127 14,024 SH   SOLE None 14,024 0 0
JPMORGAN CHASE & CO ALERIAN ML INDX FD 46625H365 1,628 36,500 SH   SOLE None 36,500 0 0
MARKET VECTORS ETF TR AGRIBUS INDX FD 57060U605 2,431 47,353 SH   SOLE None 47,353 0 0
MARKET VECTORS ETF TR MKTVEC M INDX FD 57060U134 1,529 56,321 SH   SOLE None 56,321 0 0
MARKET VECTORS ETF TR MKTVEC S INDX FD 57060U803 232 13,231 SH   SOLE None 13,231 0 0
MARKET VECTORS ETF TR RVE HARD INDX FD 57060U795 299 8,241 SH   SOLE None 8,241 0 0
PIMCO ETF TR 1-5 US TIP IDX INDX FD 72201R205 228 4,298 SH   SOLE None 4,298 0 0
POWERSHARES ETF TR II S&P500 L INDX FD 73937B779 662 21,229 SH   SOLE None 21,229 0 0
POWERSHARES ETF TRUST DYNAMIC INDX FD 73935X104 1,600 26,391 SH   SOLE None 26,391 0 0
POWERSHARES ETF TRUST FTSE RAF INDX FD 73935X583 8,873 117,535 SH   SOLE None 117,535 0 0
POWERSHARES ETF TRUST HI YLD E INDX FD 73935x302 331 29,947 SH   SOLE None 29,947 0 0
POWERSHARES ETF TRUST II INTL INDX FD 73936Q835 627 21,437 SH   SOLE None 21,437 0 0
POWERSHARES ETF TRUST II SENIO INDX FD 73936Q769 877 35,527 SH   SOLE None 35,527 0 0
PRECIDIAN ETFS TR MAXIS NIKKEI INDX FD 74016w106 317 17,950 SH   SOLE None 17,950 0 0
REVENUESHARES ETF TR SMALL CAP INDX FD 761396308 2,789 57,161 SH   SOLE None 57,161 0 0
SELECT SECTOR SPDR TR TECHNOLO INDX FD 81369Y803 1,097 34,249 SH   SOLE None 34,249 0 0
SPDR GOLD TRUST GOLD SHS INDX FD 78463V107 4,881 38,078 SH   SOLE None 38,078 0 0
SPDR INDEX SHS FDS DJ GLB RL E INDX FD 78463X749 7,687 181,730 SH   SOLE None 181,730 0 0
SPDR S&P 500 ETF TR UNIT INDX FD 78462F103 2,171 12,921 SH   SOLE None 12,921 0 0
SPDR SER TR SHT TRM HGH YLD INDX FD 78468R408 634 20,746 SH   SOLE None 20,746 0 0
SPROTT PHYSICAL GOLD TRUST UNI INDX FD 85207H104 2,240 203,211 SH   SOLE None 203,211 0 0
SWEDISH EXPT CR CORP ROG AGRI INDX FD 870297603 105 12,770 SH   SOLE None 12,770 0 0
SWEDISH EXPT CR CORP ROG TTL E INDX FD 870297801 6,150 743,657 SH   SOLE None 743,657 0 0
VANGUARD BD INDEX FD INC INTER INDX FD 921937819 288 3,455 SH   SOLE None 3,455 0 0
VANGUARD BD INDEX FD INC SHORT INDX FD 921937827 5,628 70,027 SH   SOLE None 70,027 0 0
VANGUARD FTSE EMERGING MARKET INDX FD 922042858 15,229 379,450 SH   SOLE None 379,450 0 0
VANGUARD FTSE ALL-WORLD EX US INDX FD 922042775 14,776 304,023 SH   SOLE None 304,023 0 0
VANGUARD INDEX FDS EXTEND MKT INDX FD 922908652 6,848 88,793 SH   SOLE None 88,793 0 0
VANGUARD INDEX FDS REIT ETF INDX FD 922908553 11,401 172,375 SH   SOLE None 172,375 0 0
VANGUARD INDEX FDS S&P 500 ETF INDX FD 922908413 13,159 170,902 SH   SOLE None 170,902 0 0
VANGUARD INDEX FDS SM CP VAL E INDX FD 922908611 337 3,735 SH   SOLE None 3,735 0 0
VANGUARD INDEX FDS TOTAL STK M INDX FD 922908769 1,224 13,962 SH   SOLE None 13,962 0 0
VANGUARD SCOTTSDALE FDS SHRT-T INDX FD 92206C409 1,072 13,472 SH   SOLE None 13,472 0 0
VANGUARD SPECIALIZED PORTFOLIO INDX FD 921908844 7,406 106,394 SH   SOLE None 106,394 0 0
VANGUARD WORLD FD MEGA CAP IND INDX FD 921910873 12,601 219,417 SH   SOLE None 219,417 0 0
VANGUARD WORLD FDS ENERGY ETF INDX FD 92204A306 7,189 60,253 SH   SOLE None 60,253 0 0
VANGUARD WORLD FDS MATERIALS E INDX FD 92204A801 6,752 70,948 SH   SOLE None 70,948 0 0
VANGUARD WORLD FDS UTILITIES E INDX FD 92204A876 256 3,134 SH   SOLE None 3,134 0 0
WISDOMTREE TR EM LCL DEBT FD INDX FD 97717X867 452 9,593 SH   SOLE None 9,593 0 0
WISDOMTREE TRUST DIV EX-FINL F INDX FD 97717W406 344 5,400 SH   SOLE None 5,400 0 0
WISDOMTREE TRUST EMG MKTS SMCA INDX FD 97717W281 2,342 50,197 SH   SOLE None 50,197 0 0
WISDOMTREE TRUST LARGECAP DIVI INDX FD 97717W307 511 8,347 SH   SOLE None 8,347 0 0
WISDOMTREE TRUST MIDCAP DIVI F INDX FD 97717W505 302 4,348 SH   SOLE None 4,348 0 0