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POTOMAC CAPITAL MANAGEMENT LLC
> API
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 12/31/2010 | ADVANCED PHOTONIX INC | API | 1,732,644 | -1,187,574 | 2,806,883 | 2,807,175 | $1.62 |
| 07/01/2010 | ADVANCED PHOTONIX INC | API | 1,917,144 | -1,003,074 | 805,200 | 805,492 | $0.42 |
| 03/19/2010 | ADVANCED PHOTONIX INC | API | 2,400,535 | -519,683 | 1,488,332 | 1,488,624 | $0.62 |
| 02/08/2010 | ADVANCED PHOTONIX INC | API | 2,850,385 | -69,833 | 1,995,270 | 1,995,562 | $0.70 |
| 08/05/2009 | ADVANCED PHOTONIX INC | API | 3,332,202 | 411,984 | 2,299,219 | 2,299,511 | $0.69 |
| 02/27/2009 | ADVANCED PHOTONIX INC | API | 3,420,218 | 500,000 | 2,394,153 | 2,394,445 | $0.70 |
| 03/31/2008 | ADVANCED PHOTONIX INC | API | 2,920,218 | 2,920,218 | -292 | -292 | $0.00 |
| 09/30/2007 | ADVANCED PHOTONIX INC | API | 3,427,918 | 2,000,000 | -343 | -200 | $0.00 |
| 06/30/2007 | ADVANCED PHOTONIX INC | API | 1,427,918 | 18,900 | -143 | -2 | $0.00 |
| 03/31/2007 | ADVANCED PHOTONIX INC | API | 1,409,018 | 321,518 | -141 | -2,501,141 | $0.00 |
| 12/31/2006 | ADVANCED PHOTONIX INC | API | 1,087,500 | 136,100 | 2,501,000 | 884,000 | $2.30 |
| 09/30/2006 | ADVANCED PHOTONIX INC | API | 951,400 | 89,200 | 1,617,000 | 263,000 | $1.70 |
| 06/30/2006 | ADVANCED PHOTONIX INC | API | 862,200 | 550,000 | 1,354,000 | 508,000 | $1.57 |
| 03/31/2006 | ADVANCED PHOTONIX INC | API | 312,200 | 312,200 | 846,000 | 846,000 | $2.71 |
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