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
AMAZON COM INC COM 023135106 2,598 8,000 SH   SOLE   8,000 0 0
AMERICAN RLTY CAP PPTYS INC COM 02917T104 960 76,631 SH   SOLE   76,631 0 0
APPLE INC COM 037833100 4,456 47,950 SH   SOLE   47,950 0 0
AT&T INC COM 00206R102 1,768 50,000 SH   SOLE   50,000 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 1,899 10 SH   SOLE   10 0 0
BOULDER BRANDS INC COM 101405108 142 10,000 SH   SOLE   10,000 0 0
CABLEVISION SYS CORP CL A NY CABLVS 12686C109 353 20,000 SH   SOLE   20,000 0 0
CARROLS RESTAURANT GROUP INC COM 14574X104 883 123,959 SH   SOLE   123,959 0 0
CEDAR FAIR L P DEPOSITRY UNIT 150185106 1,314 24,834 SH   SOLE   24,834 0 0
CELGENE CORP COM 151020104 344 4,000 SH   SOLE   4,000 0 0
CHATHAM LODGING TR COM 16208T102 767 35,000 SH   SOLE   35,000 0 0
CLAYMORE EXCHANGE TRD FD TR GUGG SHIPPNG ETF 18383Q796 1,660 72,500 SH   SOLE   72,500 0 0
DEX MEDIA INC NEW COM 25213A107 379 34,000 SH   SOLE   34,000 0 0
DORCHESTER MINERALS LP COM UNIT 25820R105 305 10,000 SH   SOLE   10,000 0 0
EXXON MOBIL CORP COM 30231G102 1,007 10,000 SH   SOLE   10,000 0 0
FACEBOOK INC CL A 30303M102 202 3,000 SH   SOLE   3,000 0 0
FORD MTR CO DEL COM PAR $0.01 345370860 2,586 150,000 SH   SOLE   150,000 0 0
FRONTIER COMMUNICATIONS CORP COM 35906A108 1,533 262,500 SH   SOLE   262,500 0 0
GENMARK DIAGNOSTICS INC COM 372309104 2,706 200,000 SH   SOLE   200,000 0 0
GOOGLE INC CL A 38259P508 1,637 2,800 SH   SOLE   2,800 0 0
GOOGLE INC CL C 38259P706 1,611 2,800 SH   SOLE   2,800 0 0
ISHARES MSCI AUST ETF 464286103 261 10,000 SH   SOLE   10,000 0 0
ISHARES MSCI HONG KG ETF 464286871 425 20,350 SH   SOLE   20,350 0 0
ISHARES MSCI MALAYSI ETF 464286830 318 20,000 SH   SOLE   20,000 0 0
ISHARES MSCI SINGAP ETF 464286673 341 25,250 SH   SOLE   25,250 0 0
ISHARES MSCI STH KOR ETF 464286772 325 5,000 SH   SOLE   5,000 0 0
ISHARES MSCI TAIWAN ETF 464286731 237 15,000 SH   SOLE   15,000 0 0
KODIAK OIL & GAS CORP COM 50015Q100 2,183 150,000 SH   SOLE   150,000 0 0
LIBERTY GLOBAL PLC SHS CL A G5480U104 2,211 50,000 SH   SOLE   50,000 0 0
MUELLER WTR PRODS INC COM SER A 624758108 2,160 250,000 SH   SOLE   250,000 0 0
PENN VA CORP COM 707882106 1,695 100,000 SH   SOLE   100,000 0 0
PENN WEST PETE LTD NEW COM 707887105 1,269 130,000 SH   SOLE   130,000 0 0
PENNEY J C INC COM 708160106 109 12,000 SH   SOLE   12,000 0 0
PIONEER NAT RES CO COM 723787107 919 4,000 SH   SOLE   4,000 0 0
PLAINS ALL AMERN PIPELINE L UNIT LTD PARTN 726503105 2,866 47,721 SH   SOLE   47,721 0 0
PROSHARES TR PSHS ULTSH 20YRS 74347B201 607 10,000 SH   SOLE   10,000 0 0
ROYAL DUTCH SHELL PLC SPON ADR B 780259107 2,471 30,000 SH   SOLE   30,000 0 0
SCHLUMBERGER LTD COM 806857108 3,539 30,000 SH   SOLE   30,000 0 0
SELECT SECTOR SPDR TR SBI CONS DISCR 81369Y407 1,502 22,500 SH   SOLE   22,500 0 0
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 2,433 40,000 SH   SOLE   40,000 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 9,959 77,780 SH   SOLE   77,780 0 0
SPDR INDEX SHS FDS EURO STOXX 50 78463X202 2,813 65,000 SH   SOLE   65,000 0 0
TEEKAY LNG PARTNERS L P PRTNRSP UNITS Y8564M105 3,230 70,000 SH   SOLE   70,000 0 0
THE ADT CORPORATION COM 00101J106 2,516 72,000 SH   SOLE   72,000 0 0
TOOTSIE ROLL INDS INC COM 890516107 498 16,916 SH   SOLE   16,916 0 0
TOTAL S A SPONSORED ADR 89151E109 2,166 30,000 SH   SOLE   30,000 0 0
VIVUS INC COM 928551100 745 140,000 SH   SOLE   140,000 0 0
W P CAREY INC COM 92936U109 6,271 97,377 SH   SOLE   97,377 0 0
WEATHERFORD INTERNATIONAL LT REG SHS H27013103 3,019 131,250 SH   SOLE   131,250 0 0
WHITEWAVE FOODS CO COM CL A 966244105 647 20,000 SH   SOLE   20,000 0 0
WHITING PETE CORP NEW COM 966387102 1,204 15,000 SH   SOLE   15,000 0 0