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
AIR TRANSPORT SERVICES GROUP I*NC CMN com 00922R105 2,695 370,221 SH   SOLE   370,221 0 0
APPLIED OPTOELECTRONICS, INC. CMN com 03823U102 1,324 82,206 SH   SOLE   82,206 0 0
B/E AEROSPACE INC CMN com 073302101 2,518 30,000 SH   SOLE   30,000 0 0
BANK OF AMERICA CORP CMN com 060505104 2,899 170,000 SH   SOLE   170,000 0 0
CARMIKE CINEMAS INC CMN com 143436400 2,701 87,179 SH   SOLE   87,179 0 0
CUI GLOBAL, INC. CMN com 126576206 809 111,800 SH   SOLE   111,800 0 0
EAGLE MATERIALS INC. CMN com 26969P108 3,055 30,000 SH   SOLE   30,000 0 0
ERICKSON INC CMN com 29482P100 44 3,400 SH   SOLE   3,400 0 0
FACEBOOK, INC. CMN CLASS A com 30303M102 3,162 40,000 SH   SOLE   40,000 0 0
FLOWSERVE CORPORATION CMN com 34354P105 2,116 30,000 SH   SOLE   30,000 0 0
GENCORP INC CMN com 368682100 2,905 181,908 SH   SOLE   181,908 0 0
GENWORTH FINANCIAL INC CMN CLASS A com 37247D106 2,227 170,000 SH   SOLE   170,000 0 0
GOODRICH PETROLEUM CORP (NEW) CMN com 382410405 3,253 219,522 SH   SOLE   219,522 0 0
GOOGLE INC. CMN CLASS A com 38259P508 2,942 5,000 SH   SOLE   5,000 0 0
HERTZ GLOBAL HOLDINGS, INC. CMN com 42805T105 2,539 100,000 SH   SOLE   100,000 0 0
KAPSTONE PAPER AND PACKAGING CORPORATION CMN com 48562P103 2,238 80,000 SH   SOLE   80,000 0 0
KONA GRILL, INC. CMN com 50047H201 1,010 51,175 SH   SOLE   51,175 0 0
MAGNUM HUNTER RESOURCES CORPOR*ATION CMN com 55973B102 3,877 696,114 SH   SOLE   696,114 0 0
NAVIGATOR HOLDINGS LTD CMN com Y62132108 835 30,000 SH   SOLE   30,000 0 0
PENN VA CORP CMN com 707882106 1,271 100,000 SH   SOLE   100,000 0 0
PRIMO WTR CORP CMN com 74165N105 549 127,275 SH   SOLE   127,275 0 0
THE HOWARD HUGHES CORP CMN com 44267D107 3,919 26,128 SH   SOLE   26,128 0 0
TUESDAY MORNING CORP CMN com 899035505 2,911 150,000 SH   SOLE   150,000 0 0
ULTA SALON COSMETICS & FRAGRAN*CE INC. CMN com 90384S303 1,773 15,000 SH   SOLE   15,000 0 0
WCI COMMUNITIES, INC. CMN com 92923C807 1,529 82,904 SH   SOLE   82,904 0 0
WESTLAKE CHEMICAL CORPORATION CMN com 960413102 1,732 20,000 SH   SOLE   20,000 0 0
WTS MAGNUM RESOURCES CORP EXP 04/15/2016 w 55973B110 2 125,723 SH   SOLE   125,723 0 0
WTS/AMERICAN INTERNATIONAL GRO 45.0000 EXP01/19/2021 w 026874156 745 31,300 SH   SOLE   31,300 0 0