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
AFFIMED NV COM N01045108 72 29,154 SH   SOLE   16,594 0 12,560
ALLEGIANT TRAVEL CO COM 01748X102 5,151 34,001 SH   SOLE   33,856 0 145
ALLIANCE DATA SYS CORP COM COM 018581108 23,678 120,854 SH   SOLE   113,721 0 7,133
AMERICAN AXLE & MFG COM COM 024061103 327 22,600 SH   SOLE   4,600 0 18,000
AMERICAN CAPITAL LTD COM 02503Y103 168 10,600 SH   SOLE   2,600 0 8,000
Annaly Capital Management COM 035710409 2,806 253,485 SH   SOLE   145,915 0 107,570
Apple Computer Inc. COM 037833100 14,400 150,630 SH   SOLE   142,052 0 8,578
BELLATRIX EXPLORATION COM COM 078314101 780 788,265 SH   SOLE   785,520 0 2,745
BIOGEN IDEC INC COM COM 09062X103 5,732 23,703 SH   SOLE   21,703 0 2,000
BIOGEN IDEC INC COM COM 09062X103 725 3,000 SH Call SOLE   600 0 2,400
BRISTOL-MEYERS SQUIBB CO COM 110122108 13,338 181,340 SH   SOLE   170,500 0 10,840
CELANESE CORP-SERIES A COM 150870103 8,153 124,570 SH   SOLE   115,360 0 9,210
CELGENE CORP COM COM 151020104 1,954 19,809 SH   SOLE   13,209 0 6,600
COMMUNITY HEALTH SYS INC NEW COM 203668108 4,546 377,245 SH   SOLE   350,475 0 26,770
Cisco Systems Inc COM 17275R102 373 13,000 SH Call SOLE   3,000 0 10,000
Cisco Systems Inc COM 17275R102 172 6,000 SH Call SOLE   1,200 0 4,800
DSP GROUP INC COM COM 23332B106 148 13,960 SH   SOLE   2,960 0 11,000
DYNAGAS LNG PARTNERS L COM UNI COM Y2188B108 2,734 200,280 SH   SOLE   185,550 0 14,730
Delta Air Lines COM 247361702 4,871 133,705 SH   SOLE   125,415 0 8,290
Exxon Mobil Corp. COM 30231G102 375 4,000 SH Put SOLE   1,600 0 2,400
FLYHT AEROSPACE SOLUTI COM COM 30252U105 3 22,000 SH   SOLE   22,000 0 0
GILEAD SCIENCES INC COM COM 375558103 18,102 217,000 SH   SOLE   203,970 0 13,030
GILEAD SCIENCES INC COM COM 375558103 267 3,200 SH Call SOLE   800 0 2,400
GOLAR LNG LTD COM G9456A100 267 17,210 SH   SOLE   5,210 0 12,000
GOLAR LNG PARTNERS LP COM UNIT COM Y2745C102 4,865 265,405 SH   SOLE   243,595 0 21,810
HANESBRANDS INC COM COM 410345102 10,031 399,155 SH   SOLE   370,280 0 28,875
Halliburton Co. COM 406216101 4,529 100,000 SH   SOLE   100,000 0 0
KINDER MORGAN INC COM 49456B101 273 14,570 SH   SOLE   3,880 0 10,690
LANNET INC COM COM 516012101 9,621 404,405 SH   SOLE   361,780 0 42,625
LYONDELLBASELL INDUSTR SHS - A COM N53745100 223 3,000 SH   SOLE   600 0 2,400
MACROGENICS INC COM COM 556099109 427 15,835 SH   SOLE   5,445 0 10,390
MCKESSON CORP COM COM 58155Q103 8,620 46,183 SH   SOLE   42,768 0 3,415
Microsoft Corp COM 594918104 12,052 235,538 SH   SOLE   222,653 0 12,885
NEUSTAR INC CL A COM 64126X201 7,234 307,680 SH   SOLE   282,805 0 24,875
ON SEMICONDUCTOR CORP COM COM 682189105 11,129 1,261,735 SH   SOLE   1,186,610 0 75,125
Pfizer Inc COM 717081103 1,304 37,049 SH   SOLE   19,929 0 17,120
Pulte Homes, Inc. COM 745867101 253 13,000 SH Call SOLE   3,000 0 10,000
QUORUM HEALTH CORP COM 74909E106 1,006 93,896 SH   SOLE   87,212 0 6,684
REX ENERGY CORP COM 761565100 442 668,987 SH   SOLE   558,992 0 109,995
Rush Enterprises CLA COM 781846209 8,297 385,002 SH   SOLE   385,002 0 0
Rush Enterprises CLB COM 781846308 1,994 95,927 SH   SOLE   85,357 0 10,570
SPIRIT AIRLS INC COM COM 848577102 8,640 192,555 SH   SOLE   171,355 0 21,200
Schlumberger Ltd COM 806857108 4,751 60,080 SH   SOLE   55,975 0 4,105
TEEKAY TANKERS LTD CL A COM Y8565N102 146 49,075 SH   SOLE   49,075 0 0
TEVA PHARMACEUTCL INDS ADR COM 881624209 8,873 176,655 SH   SOLE   167,540 0 9,115
UNIVERSAL DISPLAY CORP COM COM 91347P105 5,080 74,930 SH   SOLE   71,345 0 3,585
UnitedHealth Group Inc. COM 91324P102 8,503 60,220 SH   SOLE   55,785 0 4,435
WCI CMNTYS INC COM PAR $0.01 COM 92923C807 6,129 362,670 SH   SOLE   311,040 0 51,630
ALLIANCEBERNSTEIN HLDG UNIT LT MLP 01881G106 269 11,550 SH   SOLE   3,550 0 8,000
BOARDWALK PIPELIN PTNR UT LTD MLP 096627104 1,016 58,200 SH   SOLE   14,200 0 44,000
GASLOG PARTNERS LP UNIT LTD PT MLP Y2687W108 2,750 144,880 SH   SOLE   117,335 0 27,545
DIANA SHIPPING INC PERP PFD SE PFD Y2066G112 482 28,900 SH   SOLE   8,400 0 20,500
POWERSHARES BUYBACK ACHIEVERS ETF 73935X286 6,301 139,410 SH   SOLE   125,535 0 13,875
SPDR GOLD TRUST GOLD SHS ETF 78463V107 11,043 87,320 SH   SOLE   80,895 0 6,425
DOUBLELINE INCOME SOLU COM CF 258622109 619 33,720 SH   SOLE   9,720 0 24,000