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
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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
ADDVANTAGE TECHNOLOGIES GRP COM NEW 006743306 555 351,061 SH   SOLE   351,061 0 0
ADESTO TECHNOLOGIES CORP CMN COM 00687D101 159 19,500 SH   SOLE   19,500 0 0
AEROJET ROCKETDYNE HOLDINGS, INC. CMN COM 007800105 609 13,600 SH   SOLE   13,600 0 0
ALIO GOLD INC COM 01627X108 8 10,200 SH   SOLE   10,200 0 0
ALJ REGIONAL HOLDINGS INC COM 001627108 241 155,600 SH   SOLE   155,600 0 0
ALPHABET INC. CMN CLASS C COM 02079K107 6,496 6,010 SH   SOLE   6,010 0 0
ALTA MESA RES INC CMN COM 02133L109 240 1,646,839 SH   SOLE   1,646,839 0 0
AMAZON.COM INC CMN COM 023135106 26,511 14,000 SH   SOLE   14,000 0 0
APPLIED MATERIALS INC CMN COM 038222105 4,456 99,230 SH   SOLE   99,230 0 0
APPROACH RESOURCES INC. CMN COM 03834A103 3 10,000 SH   SOLE   10,000 0 0
ARC DOCUMENT SOLUTIONS INC CMN COM 00191G103 1,122 550,000 SH   SOLE   550,000 0 0
ASIA PACIFIC WIRE & CABLE CORP CMN COM G0535E106 135 64,387 SH   SOLE   64,387 0 0
BANK OF AMERICA CORP CMN COM 060505104 8,700 300,000 SH   SOLE   300,000 0 0
BANK OF PRINCETON (THE) CMN COM 064520109 1,500 50,000 SH   SOLE   50,000 0 0
BERKSHIRE HATHAWAY INC CL-A (DEL) CLASS A COM 084670108 17,509 55 SH   SOLE   55 0 0
BLACKROCK, INC. CMN COM 09247X101 9,386 20,000 SH   SOLE   20,000 0 0
BLUELINX HLDGS INC CMN COM 09624H208 6,199 312,955 SH   SOLE   312,955 0 0
BRITISH AMERICAN TOB-SP ADR SPONSORED ADR 110448107 1,217 34,900 SH   SOLE   34,900 0 0
CALL/CMCSA @ 37.5 EXP 01/17/2020 CALL 20030N101 580 1,000 SH Call SOLE   1,000 0 0
CALL/PEP @ 120 EXP 01/17/2020 CALL 713448108 696 500 SH Call SOLE   500 0 0
CALL/PEP @ 125 EXP 01/17/2020 CALL 713448108 1,015 1,000 SH Call SOLE   1,000 0 0
CALL/SVXY1 @ 11 EXP 01/17/2020 CALL 9EQ53XK88 152 500 SH Call SOLE   500 0 0
CALL/SVXY1 @ 13 EXP 01/17/2020 CALL 9EQ53XK88 50 300 SH Call SOLE   300 0 0
CALL/SVXY1 @ 14 EXP 01/17/2020 CALL 9EQ53XK88 6 50 SH Call SOLE   50 0 0
CALL/SVXY1 @ 15 EXP 01/17/2020 CALL 9EQ53XK88 16 210 SH Call SOLE   210 0 0
CARDINAL HEALTH INC COM 14149Y108 1 12,222 SH   SOLE   12,222 0 0
CENTRAL SECURITIES CORP. MUTUAL FUND COM 155123102 763 25,000 SH   SOLE   25,000 0 0
CIGNA CORP COM 125523100 1,024 6,500 SH   SOLE   6,500 0 0
CORPORACION AMERICA AIRPORTS S.A CMN COM L1995B107 1,721 213,300 SH   SOLE   213,300 0 0
CREDIT SUISSE GROUP SPON ADR SPONSORED ADR CMN COM 225401108 2,993 250,000 SH   SOLE   250,000 0 0
CURO GROUP HOLDINGS CORP COM 23131L107 577 52,200 SH   SOLE   52,200 0 0
CVS HEALTH CORP COM 126650100 1,180 21,650 SH   SOLE   21,650 0 0
EARTHSTONE ENERGY INC CL A 27032D304 5,268 860,765 SH   SOLE   860,765 0 0
ECHOSTAR CORPORATION CMN COM 278768106 5,318 120,000 SH   SOLE   120,000 0 0
ENCANA CORP COM 292505104 82 16,031 SH   SOLE   16,031 0 0
ENTERCOM COMMS. CORP CLASS A COMMON STOCK COM 293639100 81 14,000 SH   SOLE   14,000 0 0
EXFO INC SUB VTG SHS COM 302046107 54 14,800 SH   SOLE   14,800 0 0
F5 NETWORKS INC COM 315616102 61 420 SH   SOLE   420 0 0
FIRST CHOICE BANCORP CMN COM 31948P104 1,699 74,702 SH   SOLE   74,702 0 0
FIRST INTERNET BANCORP CMN COM 320557101 3,513 163,120 SH   SOLE   163,120 0 0
FIVE STAR SENIOR LIVING INC COM 33832D106 105 226,980 SH   SOLE   226,980 0 0
FRANKLIN FINANCIAL SERVICES CORPORATION CMN COM 353525108 1,144 30,000 SH   SOLE   30,000 0 0
GIGAMEDIA LTD SHS NEW Y2711Y112 17 166,096 SH   SOLE   166,096 0 0
GLOBAL X MSCI NIGERIA ETF FDS 37954Y665 39 32,900 SH   SOLE   32,900 0 0
HUDSON GLOBAL, INC. CMN COM 443787205 197 15,793 SH   SOLE   15,793 0 0
IMMUNOGEN INC. CMN COM 45253H101 217 100,000 SH   SOLE   100,000 0 0
ISHARES MSCI IRELAND ETF ETF 46429B507 808 19,411 SH   SOLE   19,411 0 0
ISHARES MSCI UNITED KINGDOM MSCI UK ETF NEW 46435G334 420 13,000 SH   SOLE   13,000 0 0
JAGGED PEAK ENERGY INC. CMN COM 47009K107 83 10,000 SH   SOLE   10,000 0 0
JPMORGAN CHASE & CO CMN COM 46625H100 3,354 30,000 SH   SOLE   30,000 0 0
KB FINANCIAL GROUP INC-ADR SPONSORED ADR 48241A105 916 23,200 SH   SOLE   23,200 0 0
LANDMARK BANCORP INC CMN COM 51504L107 291 12,154 SH   SOLE   12,154 0 0
LAREDO PETROLEUM INC. CMN COM 516806106 29 10,000 SH   SOLE   10,000 0 0
MICROSOFT CORPORATION CMN COM 594918104 24,113 180,000 SH   SOLE   180,000 0 0
MICROSTRATEGY INCORPORATED CMN CLASS A COM 594972408 301 2,100 SH   SOLE   2,100 0 0
MONTAGE RESOURCES CORPORATION CMN COM 61179L100 275 45,162 SH   SOLE   45,162 0 0
NEW IRELAND FUND INC MUTUAL FUND COM 645673104 539 60,100 SH   SOLE   60,100 0 0
NEXGEN ENERGY LTD COM 65340P106 16 10,000 SH   SOLE   10,000 0 0
PARSLEY ENERGY, INC. CMN COM 701877102 570 30,000 SH   SOLE   30,000 0 0
PEPSICO, INC. CMN COM 713448108 2,754 21,000 SH   SOLE   21,000 0 0
POTBELLY CORP CMN COM 73754Y100 108 21,200 SH   SOLE   21,200 0 0
PRETIUM RESOURCES INC. CMN COM 74139C102 300 30,000 SH   SOLE   30,000 0 0
PUT/TSLA @ 100 EXP 01/17/2020 PUT 88160R101 52 116 SH Put SOLE   116 0 0
PUT/TSLA @ 100 EXP 08/16/2019 PUT 88160R101 84 1,850 SH Put SOLE   1,850 0 0
PUT/TSLA @ 100 EXP 09/20/2019 PUT 88160R101 217 1,600 SH Put SOLE   1,600 0 0
QIWI PLC-SPONSORED ADR SPON ADR REP B 74735M108 1,108 56,627 SH   SOLE   56,627 0 0
READING INTERNATIONAL, INC. CMN CLASS A COM 755408101 2,750 211,867 SH   SOLE   211,867 0 0
RESOLUTE FOREST PRODUCTS INC CMN COM 76117W109 646 89,756 SH   SOLE   89,756 0 0
SEA LTD-ADR SPONSORED ADS 81141R100 864 26,000 SH   SOLE   26,000 0 0
SHINHAN FINANCIAL GROUP-ADR SPN ADR RESTRD 824596100 925 23,800 SH   SOLE   23,800 0 0
SOLITARIO ZINC CORP COM 8342EP107 11 35,700 SH   SOLE   35,700 0 0
SPDR GOLD SHARES GOLD SHS 78463V107 481 3,608 SH   SOLE   3,608 0 0
SPDR S&P OIL & GAS EXPLRTN & PR ETF ETF ETF 78464A730 926 34,000 SH   SOLE   34,000 0 0
SUMMER INFANT INC CMN COM 865646103 130 260,000 SH   SOLE   260,000 0 0
SUPPORT.COM INC COM NEW 86858W200 531 327,757 SH   SOLE   327,757 0 0
TASEKO MINES LTD COM 876511106 8 16,000 SH   SOLE   16,000 0 0
TOWNSQUARE MEDIA INC - CL A CL A 892231101 100 18,379 SH   SOLE   18,379 0 0
TRANS WORLD ENTERTAINMENT CP COM 89336Q100 78 311,948 SH   SOLE   311,948 0 0
VANGUARD S&P 500 ETF ETF 922908363 392,466 1,458,168 SH   SOLE   1,458,168 0 0
WELBILT INC CMN COM 949090104 326 19,500 SH   SOLE   19,500 0 0
WTS/ALTA MESA RES INC 11.5000 EXP04/27/2022 WTS 02133L117 6 813,141 SH Call SOLE   813,141 0 0