2011

NC - NACCO Industries

TW - Taylor Wimpey

CYRE3 - Cyrela Realty (short)

GMCR - Green Mountain Coffee Roasters

AIT – Applied Industrial Technologies

5951:TYO - Dainichi

7299:TYO - Fuji Oozx

IBAL - International Baler

2010

GPIC - Gaming Partners International

AMLJ - AML Communications Inc.

SPA – Sparton Corp.

CRV – Coastal Distribution Systems

IPT - iParty Corp

JCTCF - Jewlett-Cameron Trading Company Ltd.

APT – Alpha Pro Tech Ltd.

VII – Vicon Industries

SIF – SIFCO Industries

VIFL – Food Technology, Inc.

DIT – AMCON Distributing, Inc.

TPCS - Techprecision Corp

APNC - Access Plans Inc

ITI – Iteris Inc.

ADVC – Advant-e Corp

NOOF – New Frontier Media

SVT – Servotronics Inc

2009

SPAN - Span-America Medical Systems

ACU – Acme United Corp

Special Situations / Work-Outs

TNFG - Terra Nova (liquidation)

JAXB/ATBC - Jacksonville Bancorp & Atlantic BancGroup (merger arbitrage)

REMC – REMEC, Inc. (liquidation)

AHOM – American HomePatient, Inc. (going private)

EMMS - Emmis Communications (going private)

NEXC – NexCen Brands, Inc. (liquidation)

PINN – Pinnacle Gas Resources (going private)

FCEC/TOBC - First Chester County Corp & Tower Bankcorp (merger arbitrage)

FIS - Fidelity National Information Services, Inc (tender offer)

VR - Validus Holdings (tender offer)

UBET/CHDN – Churchill Downs & Youbet.com (merger arbitrage)

PBCI/BCBP – Pamrapo Bancorp & BCB Bancorp (merger arbitrage)

See the archived model portfolio for a record of past performance.