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
A T & T COM 00206R102 493 13,990 SH   SOLE   13,990 0 0
Abbott Laboratories COM 002824100 376 9,037 SH   SOLE   9,037 0 0
Abbvie Inc. COM 00287Y109 497 8,610 SH   SOLE   8,610 0 0
Abraxas Petroleum Corp COM 003830106 3,062 580,000 SH   SOLE   580,000 0 0
Aceto Corporation COM 004446100 3,932 203,494 SH   SOLE   203,494 0 0
Addus Homecare Corporation COM 006739106 5,104 260,387 SH   SOLE   260,387 0 0
ADDvantage Technologies Group COM NEW 006743306 596 256,293 SH   SOLE   256,293 0 0
AeroCentury Corp. COM 007737109 507 45,000 SH   SOLE   45,000 0 0
Air Industries Group COM NEW 00912N106 1,922 181,020 SH   SOLE   181,020 0 0
Allied Healthcare Products COM 019222108 877 440,700 SH   SOLE   440,700 0 0
Allied Motion Technologies COM 019330109 878 61,800 SH   SOLE   61,800 0 0
American Software, Inc. CL A 029683109 4,339 491,906 SH   SOLE   491,906 0 0
Ameriprise Financial, Inc COM 03076C106 470 3,812 SH   SOLE   3,812 0 0
Amgen COM 031162100 528 3,757 SH   SOLE   3,757 0 0
Amrep Corp COM 032159105 470 100,882 SH   SOLE   100,882 0 0
ARI Network Services Inc COM 001930205 520 162,400 SH   SOLE   162,400 0 0
Asure Software, Inc. COM 04649U102 560 110,900 SH   SOLE   110,900 0 0
Atlas Financial Holdings, Inc SHS NEW G06207115 7,341 530,450 SH   SOLE   530,450 0 0
AXT Inc COM 00246W103 4,847 1,986,534 SH   SOLE   1,986,534 0 0
Ballantyne of Omaha Inc COM 058516105 930 209,000 SH   SOLE   209,000 0 0
Bankwell Financial Group Inc COM 06654A103 3,225 170,000 SH   SOLE   170,000 0 0
Barrett Business Services, Inc COM 068463108 3,562 90,200 SH   SOLE   90,200 0 0
Bel Fuse Inc COM 077347300 1,484 60,000 SH   SOLE   60,000 0 0
Berkshire Hills Bancorp COM 084680107 2,715 115,600 SH   SOLE   115,600 0 0
Big 5 Sporting Goods COM 08915P101 2,351 250,900 SH   SOLE   250,900 0 0
BioScrip Inc COM 09069N108 4,022 581,992 SH   SOLE   581,992 0 0
Birner Dental Mgmt Serv COM NEW 091283200 815 48,000 SH   SOLE   48,000 0 0
Broadwind Energy Inc COM NEW 11161T207 337 45,000 SH   SOLE   45,000 0 0
BSquare Corporation COM 11776U300 977 250,000 SH   SOLE   250,000 0 0
Cafepress Inc. COM 12769A103 1,916 612,091 SH   SOLE   612,091 0 0
Cal Dive International Inc. COM 12802T101 3,229 3,328,800 SH   SOLE   3,328,800 0 0
Cameron International Corp COM 13342B105 221 3,325 SH   SOLE   3,325 0 0
Caretrust REIT Inc. COM 14174T107 1,573 110,000 SH   SOLE   110,000 0 0
CECO Environmental Corp COM 125141101 563 42,000 SH   SOLE   42,000 0 0
Celsion Corp COM PAR $0.01 15117N404 421 142,100 SH   SOLE   142,100 0 0
Century Casinos, Inc. COM 156492100 5,988 1,167,200 SH   SOLE   1,167,200 0 0
Ceragon Networks Ltd. ORD M22013102 5,316 2,233,480 SH   SOLE   2,233,480 0 0
Cherokee COM 16444H102 1,275 70,000 SH   SOLE   70,000 0 0
Christopher and Banks Corp COM 171046105 4,698 475,000 SH   SOLE   475,000 0 0
Cimatron LTD ORD M23798107 603 100,000 SH   SOLE   100,000 0 0
Cisco Systems, Inc. COM 17275R102 211 8,385 SH   SOLE   8,385 0 0
City Office REIT Inc. COM 178587101 4,210 310,000 SH   SOLE   310,000 0 0
Colgate-Palmolive COM 194162103 453 6,945 SH   SOLE   6,945 0 0
Columbia Laboratories Inc. COM NEW 197779200 729 123,700 SH   SOLE   123,700 0 0
Comfort Systems USA, Inc. COM 199908104 3,348 247,110 SH   SOLE   247,110 0 0
ConAgra Foods, Inc. COM 205887102 424 12,840 SH   SOLE   12,840 0 0
Concurrent Computer Corp COM PAR $.01 206710402 692 95,000 SH   SOLE   95,000 0 0
Core Molding Technologies, Inc COM 218683100 4,121 287,800 SH   SOLE   287,800 0 0
Courier Corporation COM 222660102 2,464 200,000 SH   SOLE   200,000 0 0
Covenant Transportation Group CL A 22284P105 929 50,000 SH   SOLE   50,000 0 0
Cowen Group Inc CL A 223622101 3,885 1,036,110 SH   SOLE   1,036,110 0 0
CPI Aerostructures, Inc. COM NEW 125919308 3,877 393,605 SH   SOLE   393,605 0 0
CR Bard Inc. COM 067383109 564 3,950 SH   SOLE   3,950 0 0
Crown Crafts Inc COM 228309100 578 77,600 SH   SOLE   77,600 0 0
Cryolife Inc COM 228903100 1,677 169,940 SH   SOLE   169,940 0 0
CSX Corporation COM 126408103 704 21,945 SH   SOLE   21,945 0 0
CTI Industries Corporation COM NEW 125961300 675 173,000 SH   SOLE   173,000 0 0
CyberOptics Corporation COM 232517102 4,324 385,369 SH   SOLE   385,369 0 0
Datalink Corp. COM 237934104 2,883 271,200 SH   SOLE   271,200 0 0
Delta Apparel Inc. COM 247368103 998 109,802 SH   SOLE   109,802 0 0
DHT Holdings, Inc. SHS NEW Y2065G121 3,520 571,500 SH   SOLE   571,500 0 0
Dice Holdings Inc COM 253017107 3,603 430,000 SH   SOLE   430,000 0 0
Diversified Restaurant Hldg COM 25532M105 2,519 512,000 SH   SOLE   512,000 0 0
DLH Holdings Corp COM 23335Q100 374 192,983 SH   SOLE   192,983 0 0
Dot Hill Systems Inc. COM 25848T109 605 160,000 SH   SOLE   160,000 0 0
DSP Group Inc. COM 23332B106 3,989 449,700 SH   SOLE   449,700 0 0
eBay Inc COM 278642103 743 13,120 SH   SOLE   13,120 0 0
Edgewater Technology COM 280358102 543 79,000 SH   SOLE   79,000 0 0
EMC Insurance Group COM 268664109 3,708 128,405 SH   SOLE   128,405 0 0
Emerson Electric COM NEW 291011104 224 3,575 SH   SOLE   3,575 0 0
Emerson Radio Corp. COM 291087203 28 14,000 SH   SOLE   14,000 0 0
Empire Resources, Inc. COM 29206E100 398 74,913 SH   SOLE   74,913 0 0
Enservco Corporation COM 29358Y102 528 145,100 SH   SOLE   145,100 0 0
Enterprise Products Partners COM 293792107 580 14,400 SH   SOLE   14,400 0 0
Epiq Systems Inc. COM NEW 26882D109 5,675 323,174 SH   SOLE   323,174 0 0
Evolving Systems, Inc. COM 30049R209 1,284 140,205 SH   SOLE   140,205 0 0
Exactech COM 30064E109 4,166 182,000 SH   SOLE   182,000 0 0
Exxon Mobil Corporation COM 30231G102 874 9,294 SH   SOLE   9,294 0 0
Farmer Brothers Company COM 307675108 4,139 142,955 SH   SOLE   142,955 0 0
FBR and Company COM 30247C400 4,720 171,520 SH   SOLE   171,520 0 0
Federal Signal Corp COM 313855108 2,003 151,300 SH   SOLE   151,300 0 0
Fedex Corporation COM 31428X106 714 4,420 SH   SOLE   4,420 0 0
First Internet Bancorp COM 320557101 451 28,000 SH   SOLE   28,000 0 0
Five Star Quality Care Inc. COM 33832D106 1,885 500,000 SH   SOLE   500,000 0 0
Flexible Solutions Internation COM 33938T104 499 389,510 SH   SOLE   389,510 0 0
Flexsteel Industries, Inc. COM 339382103 5,347 158,510 SH   SOLE   158,510 0 0
Fluor Corporation COM 343412102 443 6,640 SH   SOLE   6,640 0 0
Friedman Industries COM 358435105 496 62,500 SH   SOLE   62,500 0 0
Fuel Tech Inc. COM 359523107 510 120,000 SH   SOLE   120,000 0 0
Full House Resorts Inc. COM 359678109 1,507 1,310,473 SH   SOLE   1,310,473 0 0
Furmanite Corp COM 361086101 2,974 440,000 SH   SOLE   440,000 0 0
G P Strategies Corp COM 36225V104 6,529 227,350 SH   SOLE   227,350 0 0
Gaming Partners International COM 36467A107 721 85,500 SH   SOLE   85,500 0 0
Gencor Industries Inc COM 368678108 842 85,700 SH   SOLE   85,700 0 0
General Electric COM 369604103 531 20,739 SH   SOLE   20,739 0 0
General Finance Corp. COM 369822101 621 70,000 SH   SOLE   70,000 0 0
General Mills, Inc. COM 370334104 372 7,375 SH   SOLE   7,375 0 0
Global Brass and Copper Hldg COM 37953G103 3,831 261,150 SH   SOLE   261,150 0 0
Global Cash Access Holdings COM 378967103 4,867 721,080 SH   SOLE   721,080 0 0
Global Power Equipment Group COM PAR $0.01 37941P306 2,088 140,102 SH   SOLE   140,102 0 0
Globalscape, Inc COM 37940G109 723 300,000 SH   SOLE   300,000 0 0
Hallador Energy Company COM 40609P105 3,932 332,053 SH   SOLE   332,053 0 0
Hennessy Advisors Inc COM 425885100 4,006 201,500 SH   SOLE   201,500 0 0
Hill International, Inc COM 431466101 6,779 1,694,705 SH   SOLE   1,694,705 0 0
Home Depot Inc. COM 437076102 390 4,255 SH   SOLE   4,255 0 0
Honeywell International COM 438516106 363 3,900 SH   SOLE   3,900 0 0
Hooper Holmes Inc COM 439104100 763 1,256,500 SH   SOLE   1,256,500 0 0
Hopfedd Bankcorp, Inc. COM 439734104 575 50,000 SH   SOLE   50,000 0 0
Hudson Technologies Inc COM 444144109 5,557 1,678,800 SH   SOLE   1,678,800 0 0
Hurco Companies, Inc. COM 447324104 941 25,000 SH   SOLE   25,000 0 0
Illinois Tool Works, Inc. COM 452308109 483 5,720 SH   SOLE   5,720 0 0
Information Services Group Inc COM 45675Y104 669 176,000 SH   SOLE   176,000 0 0
Innodata Isogen Inc COM NEW 457642205 4,014 1,315,952 SH   SOLE   1,315,952 0 0
Integrated Silicon Solutions COM 45812P107 4,703 342,301 SH   SOLE   342,301 0 0
Intel Corp. COM 458140100 444 12,755 SH   SOLE   12,755 0 0
International Business Machine COM 459200101 757 3,990 SH   SOLE   3,990 0 0
International Paper Co COM 460146103 231 4,835 SH   SOLE   4,835 0 0
inTEST Corp. COM 461147100 963 202,300 SH   SOLE   202,300 0 0
Intuit Inc COM 461202103 248 2,830 SH   SOLE   2,830 0 0
IPass Inc. COM 46261V108 4,381 2,901,133 SH   SOLE   2,901,133 0 0
Iteris Inc COM 46564T107 630 360,000 SH   SOLE   360,000 0 0
J P Morgan Chase & Co COM 46625H100 453 7,513 SH   SOLE   7,513 0 0
John B & Son Sanfilippo Inc COM 800422107 9,938 307,100 SH   SOLE   307,100 0 0
Johnson & Johnson COM 478160104 578 5,424 SH   SOLE   5,424 0 0
K M G Chemicals Inc COM 482564101 2,749 168,865 SH   SOLE   168,865 0 0
Kimberly-Clark Corporation COM 494368103 399 3,705 SH   SOLE   3,705 0 0
Kingstone Companies Inc COM 496719105 1,067 131,834 SH   SOLE   131,834 0 0
Kirkland's COM 497498105 2,788 173,050 SH   SOLE   173,050 0 0
Kratos Defense & Security Solu COM NEW 50077B207 426 65,000 SH   SOLE   65,000 0 0
KVH Industries Inc COM 482738101 3,328 294,000 SH   SOLE   294,000 0 0
L. B. Foster COM 350060109 4,065 88,490 SH   SOLE   88,490 0 0
Landec Corporation COM 514766104 4,371 356,800 SH   SOLE   356,800 0 0
Layne Christensen Co. COM 521050104 2,625 270,300 SH   SOLE   270,300 0 0
LGL Group Warrants *W EXP 08/06/201 50186A116 0 249,000 SH   SOLE   249,000 0 0
Libby Inc COM 529898108 2,130 81,100 SH   SOLE   81,100 0 0
Liberator Medical HL COM 53012L108 3,462 1,106,000 SH   SOLE   1,106,000 0 0
Liberty Tax, Inc. CL A 46637N103 3,844 119,000 SH   SOLE   119,000 0 0
LifeVantage Corp COM 53222K106 2,216 1,943,607 SH   SOLE   1,943,607 0 0
LSI Inds Inc. COM 50216C108 2,998 493,900 SH   SOLE   493,900 0 0
Macys COM 55616P104 680 11,691 SH   SOLE   11,691 0 0
Manitex COM 563420108 3,669 325,000 SH   SOLE   325,000 0 0
Matrix Service Co. COM 576853105 4,248 176,100 SH   SOLE   176,100 0 0
McKesson Corp. COM 58155Q103 846 4,348 SH   SOLE   4,348 0 0
Medtronic Inc. COM 585055106 284 4,581 SH   SOLE   4,581 0 0
MFRI, Inc. COM 552721102 3,555 374,207 SH   SOLE   374,207 0 0
MicroFinancial Inc. COM 595072109 766 95,000 SH   SOLE   95,000 0 0
Micron Technology COM 595112103 536 15,650 SH   SOLE   15,650 0 0
Miller Industries COM NEW 600551204 3,590 212,418 SH   SOLE   212,418 0 0
Mitcham Industries, Inc. COM 606501104 2,003 181,300 SH   SOLE   181,300 0 0
Monarch Casino & Resort, Inc. COM 609027107 2,779 233,300 SH   SOLE   233,300 0 0
Monmouth Real Estate Invt COM 609720107 4,266 421,559 SH   SOLE   421,559 0 0
Motorcar Parts of America, Inc COM 620071100 7,290 267,911 SH   SOLE   267,911 0 0
Napco Security Technology Inc COM 630402105 658 140,000 SH   SOLE   140,000 0 0
Nevada Gold and Casinos LTD COM NEW 64126Q206 491 400,000 SH   SOLE   400,000 0 0
Newpark Resources Inc. COM PAR $.01 NEW 651718504 4,975 399,900 SH   SOLE   399,900 0 0
Newtek Business Services Inc COM 652526203 1,075 391,000 SH   SOLE   391,000 0 0
Northern Technologies Intl COM 665809109 5,210 244,600 SH   SOLE   244,600 0 0
Northwest Pipe Company COM 667746101 3,902 114,422 SH   SOLE   114,422 0 0
NTN Buzz Time COM NEW 629410309 313 950,000 SH   SOLE   950,000 0 0
Nucor Corporation COM 670346105 395 7,271 SH   SOLE   7,271 0 0
Omega Protein Corp. COM 68210P107 2,187 175,000 SH   SOLE   175,000 0 0
Omnova Solutions, Inc. COM 682129101 2,229 415,109 SH   SOLE   415,109 0 0
On Track Innovations Ltd. SHS M8791A109 485 175,000 SH   SOLE   175,000 0 0
1347 Property Ins Holdings COM 68244P107 523 67,000 SH   SOLE   67,000 0 0
Oplink Communications Inc COM NEW 68375Q403 4,285 254,750 SH   SOLE   254,750 0 0
Oppenheimer Holdings CL A NON VTG 683797104 4,724 233,265 SH   SOLE   233,265 0 0
Oracle Corporation COM 68389X105 475 12,419 SH   SOLE   12,419 0 0
Orbit International Corp COM NEW 685559304 651 226,000 SH   SOLE   226,000 0 0
Orchids Paper Products COM 68572N104 5,263 214,284 SH   SOLE   214,284 0 0
P H I, Inc. COM NON VOTING 69336T205 6,216 151,050 SH   SOLE   151,050 0 0
Pacific Premier Bank Corp COM 69478X105 815 58,000 SH   SOLE   58,000 0 0
PCM, Inc. COM 69323K100 4,133 422,980 SH   SOLE   422,980 0 0
PCTEL Inc COM 69325Q105 4,272 562,900 SH   SOLE   562,900 0 0
Pedevco Corp COM NEW 70532Y204 566 345,000 SH   SOLE   345,000 0 0
Penford Corporation COM 707051108 4,260 323,479 SH   SOLE   323,479 0 0
Peoples Bancorp Inc COM 709789101 2,061 86,800 SH   SOLE   86,800 0 0
Pepsico COM 713448108 668 7,172 SH   SOLE   7,172 0 0
Pfizer COM 717081103 518 17,529 SH   SOLE   17,529 0 0
PGT Inc. COM 69336V101 2,330 250,000 SH   SOLE   250,000 0 0
Photronics, Inc. COM 719405102 5,210 647,200 SH   SOLE   647,200 0 0
Physicians Realty Trust COM 71943U104 5,435 396,169 SH   SOLE   396,169 0 0
Pioneer Solutions Inc COM NEW 723836300 795 98,900 SH   SOLE   98,900 0 0
Preferred Apartment Comm COM 74039L103 416 50,000 SH   SOLE   50,000 0 0
PRGX Global, Inc. COM 69357C503 3,026 516,300 SH   SOLE   516,300 0 0
Proctor & Gamble Co. COM 742718109 518 6,183 SH   SOLE   6,183 0 0
Professional Diversity Network COM 74312Y103 887 175,742 SH   SOLE   175,742 0 0
Prudential Financial, Inc. COM 744320102 505 5,743 SH   SOLE   5,743 0 0
Qumu Corporation COM 749063103 2,258 173,700 SH   SOLE   173,700 0 0
RCM Technologies Inc COM 749360400 4,576 604,500 SH   SOLE   604,500 0 0
Renewable Energy Group, Inc. COM NEW 75972A301 2,040 201,000 SH   SOLE   201,000 0 0
Rentrak Corporation COM 760174102 2,858 46,900 SH   SOLE   46,900 0 0
Resolute Energy Corporation COM 76116A108 2,892 461,200 SH   SOLE   461,200 0 0
Richardson Electronics, Ltd. COM 763165107 499 50,000 SH   SOLE   50,000 0 0
Rudolph Technologies Inc COM 781270103 3,907 431,750 SH   SOLE   431,750 0 0
S & P Depository Receipts TR UNIT 78462F103 6,248 31,713 SH   SOLE   31,713 0 0
Saexploration Holdings Inc. COM 78636X105 2,261 272,040 SH   SOLE   272,040 0 0
Schlumberger LTD COM 806857108 561 5,516 SH   SOLE   5,516 0 0
Scorpio Tankers Inc SHS Y7542C106 3,526 424,300 SH   SOLE   424,300 0 0
Sigma Designs COM 826565103 560 130,000 SH   SOLE   130,000 0 0
Silvercrest Asset Management CL A 828359109 3,418 250,924 SH   SOLE   250,924 0 0
Silvercrest Mines COM 828365106 228 153,210 SH   SOLE   153,210 0 0
Skilled Healthcare Group CL A 83066R107 4,289 649,800 SH   SOLE   649,800 0 0
Skyworks Solutions Inc. COM 83088M102 938 16,150 SH   SOLE   16,150 0 0
Smartpros COM 83171G103 406 195,000 SH   SOLE   195,000 0 0
SORL Auto Parts Inc COM 78461U101 2,408 556,202 SH   SOLE   556,202 0 0
Southwest Airlines Co COM 844741108 786 23,271 SH   SOLE   23,271 0 0
Sparton Corp COM 847235108 3,710 150,500 SH   SOLE   150,500 0 0
Speed Commerce COM 84764T106 469 170,700 SH   SOLE   170,700 0 0
StealthGas Inc SHS Y81669106 3,359 368,700 SH   SOLE   368,700 0 0
Sterling Construction Co Inc COM 859241101 4,745 618,650 SH   SOLE   618,650 0 0
Stoneridge COM 86183P102 2,592 230,000 SH   SOLE   230,000 0 0
Stryker Corp COM 863667101 577 7,144 SH   SOLE   7,144 0 0
Supreme Industries Inc CL A 868607102 937 120,000 SH   SOLE   120,000 0 0
SWS Group, inc. COM 78503N107 4,099 594,947 SH   SOLE   594,947 0 0
Synergy Resources Corp COM 87164P103 4,571 375,000 SH   SOLE   375,000 0 0
Syneron Medical ORD SHS M87245102 4,008 400,000 SH   SOLE   400,000 0 0
Sysorex Gobal Holdings COM NEW 87184N203 869 212,444 SH   SOLE   212,444 0 0
Systemax Inc. COM 871851101 4,224 338,700 SH   SOLE   338,700 0 0
T. Rowe Price Group, Inc. COM 74144T108 200 2,555 SH   SOLE   2,555 0 0
TechPrecision Corp COM 878739101 285 950,000 SH   SOLE   950,000 0 0
Texas Instruments Inc COM 882508104 516 10,830 SH   SOLE   10,830 0 0
TGC Industries, Inc. COM 872417308 2,690 698,776 SH   SOLE   698,776 0 0
The Ensign Group COM 29358P101 3,828 110,000 SH   SOLE   110,000 0 0
3 M Company COM 88579Y101 771 5,440 SH   SOLE   5,440 0 0
TOR Minerals International COM 890878101 510 61,300 SH   SOLE   61,300 0 0
Transcat Inc COM 893529107 475 51,953 SH   SOLE   51,953 0 0
Triangle Petroleum Corp COM NEW 89600B201 2,952 268,100 SH   SOLE   268,100 0 0
Trinity Biotech SPON ADR NEW 896438306 649 35,500 SH   SOLE   35,500 0 0
Tristate Capital Holdings COM 89678F100 2,948 325,000 SH   SOLE   325,000 0 0
U. S. Global Investors, Inc. CL A 902952100 142 39,955 SH   SOLE   39,955 0 0
Ultralife Corp COM 903899102 399 123,178 SH   SOLE   123,178 0 0
United Insurance Holdings Corp COM 910710102 6,552 436,774 SH   SOLE   436,774 0 0
Universal Electronics, Inc. COM 913483103 4,596 93,100 SH   SOLE   93,100 0 0
Uranium Energy Corp COM 916896103 575 460,000 SH   SOLE   460,000 0 0
US Auto Parts Network Inc. COM 90343C100 564 200,000 SH   SOLE   200,000 0 0
USA Technologies Inc COM NO PAR 90328S500 941 523,000 SH   SOLE   523,000 0 0
Vaalco Energy, Inc COM NEW 91851C201 5,304 624,000 SH   SOLE   624,000 0 0
Vasco Data Security Intl COM 92230Y104 5,771 307,300 SH   SOLE   307,300 0 0
Versar COM 925297103 735 227,700 SH   SOLE   227,700 0 0
Vertex Energy Inc. COM 92534K107 557 80,000 SH   SOLE   80,000 0 0
Wal Mart COM 931142103 370 4,845 SH   SOLE   4,845 0 0
Walgreen Company COM 931422109 275 4,644 SH   SOLE   4,644 0 0
Warren Resources, Inc. COM 93564A100 2,336 440,838 SH   SOLE   440,838 0 0
Wells-Gardner Electronics Corp COM 949765101 446 398,000 SH   SOLE   398,000 0 0
Weyco Group Inc COM 962149100 2,335 93,000 SH   SOLE   93,000 0 0
Whitestone Real Estate Invt COM 966084204 3,564 255,655 SH   SOLE   255,655 0 0
Widepoint Corporation COM 967590100 309 180,000 SH   SOLE   180,000 0 0
Willamette Valley Vineyards COM 969136100 763 138,500 SH   SOLE   138,500 0 0
Willdan Group, Inc. COM 96924N100 723 50,000 SH   SOLE   50,000 0 0
Xenith Bankshares Inc. COM 98410X105 437 69,000 SH   SOLE   69,000 0 0
Yum Brands, Inc. COM 988498101 659 9,150 SH   SOLE   9,150 0 0