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
ACTUATE CORP COM 00508B102 914 138,500 SH   SOLE   138,500 0 0
AIR METHODS CORP COM PAR $.06 009128307 2,598 59,000 SH   SOLE   59,000 0 0
AIR TRANSPORT SERVICES GRP I COM 00922R105 3,177 371,113 SH   SOLE   371,113 0 0
AMERICAN AXLE & MFG HLDGS IN COM 024061103 2,115 93,613 SH   SOLE   93,613 0 0
AMERICAN EAGLE OUTFITTERS NE COM 02553E106 1,492 107,500 SH   SOLE   107,500 0 0
AMTECH SYS INC COM PAR $0.01N 032332504 1,680 164,666 SH   SOLE   164,666 0 0
AXCELIS TECHNOLOGIES INC COM 054540109 1,626 635,000 SH   SOLE   635,000 0 0
BIOSCRIP INC COM 09069N108 4,140 592,253 SH   SOLE   592,253 0 0
BOISE CASCADE CO DEL COM 09739D100 2,415 65,000 SH   SOLE   65,000 0 0
CALIX INC COM 13100M509 2,197 219,283 SH   SOLE   219,283 0 0
CALLON PETE CO DEL COM 13123X102 327 60,000 SH   SOLE   60,000 0 0
CANADIAN SOLAR INC COM 136635109 992 41,000 SH   SOLE   41,000 0 0
CARRIAGE SVCS INC COM 143905107 2,332 111,308 SH   SOLE   111,308 0 0
CASELLA WASTE SYS INC CL A 147448104 2,625 649,854 SH   SOLE   649,854 0 0
CENVEO INC COM 15670S105 1,164 554,147 SH   SOLE   554,147 0 0
CHRISTOPHER & BANKS CORP COM 171046105 1,854 324,698 SH   SOLE   324,698 0 0
DIGITALGLOBE INC COM NEW 25389M877 4,165 134,500 SH   SOLE   134,500 0 0
DOT HILL SYS CORP COM 25848T109 1,042 235,738 SH   SOLE   235,738 0 0
E HOUSE CHINA HLDGS LTD ADR 26852W103 1,971 272,240 SH   SOLE   272,240 0 0
EXTREME NETWORKS INC COM 30226D106 2,095 593,500 SH   SOLE   593,500 0 0
FREIGHTCAR AMER INC COM 357023100 1,281 48,700 SH   SOLE   48,700 0 0
FXCM INC COM CL A 302693106 1,243 75,000 SH   SOLE   75,000 0 0
HELEN OF TROY CORP LTD COM G4388N106 2,497 38,380 SH   SOLE   38,380 0 0
IAO KUN GROUP HLDG CO LTD ORD USD SHS G47204105 794 606,373 SH   SOLE   606,373 0 0
IMPERIAL HLDGS INC COM 452834104 4,065 623,490 SH   SOLE   623,490 0 0
KVH INDS INC COM 482738101 3,944 311,815 SH   SOLE   311,815 0 0
LIBBEY INC COM 529898108 1,827 58,096 SH   SOLE   58,096 0 0
LIBERTY TAX INC CL A 53128T102 1,007 28,171 SH   SOLE   28,171 0 0
MATTSON TECHNOLOGY INC COM 577223100 1,813 533,099 SH   SOLE   533,099 0 0
MEADOWBROOK INS GROUP INC COM 58319P108 4,492 531,000 SH   SOLE   531,000 0 0
MEETME INC COM 585141104 2,125 1,389,159 SH   SOLE   1,389,159 0 0
NN INC COM 629337106 2,058 100,100 SH   SOLE   100,100 0 0
ORION MARINE GROUP INC COM 68628V308 2,366 214,100 SH   SOLE   214,100 0 0
PEAK RESORTS INC COM 70469L100 757 94,582 SH   SOLE   94,582 0 0
PETROQUEST ENERGY INC COM 716748108 594 158,900 SH   SOLE   158,900 0 0
PHYSICIANS RLTY TR COM 71943U104 1,298 78,187 SH   SOLE   78,187 0 0
PIXELWORKS INC COM NEW 72581M305 2,009 440,574 SH   SOLE   440,574 0 0
PRGX GLOBAL INC COM NEW 69357C503 1,195 208,955 SH   SOLE   208,955 0 0
PROVIDENCE SVC CORP COM 743815102 1,279 35,100 SH   SOLE   35,100 0 0
RADIAN GROUP INC COM 750236101 1,383 82,738 SH   SOLE   82,738 0 0
RCI HOSPITALITY HLDGS INC COM 74934Q108 1,789 178,565 SH   SOLE   178,565 0 0
REALD INC COM 75604L105 2,533 214,700 SH   SOLE   214,700 0 0
SAFEGUARD SCIENTIFICS INC COM NEW 786449207 2,269 114,467 SH   SOLE   114,467 0 0
SILICON IMAGE INC COM 82705T102 2,208 400,000 SH   SOLE   400,000 0 0
SONIC AUTOMOTIVE INC CL A 83545G102 1,921 71,034 SH   SOLE   71,034 0 0
STREAMLINE HEALTH SOLUTIONS COM 86323X106 1,222 282,138 SH   SOLE   282,138 0 0
TELENAV INC COM 879455103 2,986 447,707 SH   SOLE   447,707 0 0
TRINITY BIOTECH PLC SPON ADR NEW 896438306 1,220 69,700 SH   SOLE   69,700 0 0
UNITED ONLINE INC COM NEW 911268209 3,341 229,600 SH   SOLE   229,600 0 0
WABASH NATL CORP COM 929566107 2,472 200,000 SH   SOLE   200,000 0 0
WCI CMNTYS INC COM PAR $0.01 92923C807 1,185 60,500 SH   SOLE   60,500 0 0
XINYUAN REAL ESTATE CO LTD SPONS ADR 98417P105 1,560 660,905 SH   SOLE   660,905 0 0