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
ARLINGTON ASSET INVT CLASS A CL A NEW 041356205 269 65,500 SH   SOLE 0 65,500 0 0
APPLE INC COM 037833100 10,868 88,061 SH   SOLE 0 88,061 0 0
ABBVIE INC COM 00287Y109 324 2,985 SH   SOLE 0 2,985 0 0
ATLANTIC CAP BANCSHARES INC COM COM 048269203 200 8,500 SH   SOLE 0 8,500 0 0
ARMSTRONG FLOORING INC COM 04238R106 151 30,000 SH   SOLE 0 30,000 0 0
AFRICAN GOLD ACQUISITION COR CL A G0112R108 498 50,000 SH   SOLE 0 50,000 0 0
FEDERAL AGRIC MTG CORP CL C 313148306 818 8,151 SH   SOLE 0 8,151 0 0
ARMADA HOFFLER PPTYS REIT COM 04208T108 684 53,200 SH   SOLE 0 53,200 0 0
AMERICAN INTL GROUP INC COM 026874784 208 4,500 SH   SOLE 0 4,500 0 0
A A R CORP COM 000361105 209 5,000 SH   SOLE 0 5,000 0 0
ALLY FINANCIAL INC COM 02005N100 3,404 73,537 SH   SOLE 0 73,537 0 0
ALTA EQUIPMENT GROUP INC COM 02128L106 134 10,000 SH   SOLE 0 10,000 0 0
AMPLIFY ENERGY CORP NEW COM 03212B103 65 22,891 SH   SOLE 0 22,891 0 0
AMERANT BANCORP INC CL B CL B 023576200 492 30,000 SH   SOLE 0 30,000 0 0
AMAZON.COM INC COM 023135106 13,048 4,170 SH   SOLE 0 4,170 0 0
ARCH RESOURCES INC CL A 03940R107 1,908 46,200 SH   SOLE 0 46,200 0 0
ASANA INC CL A 04342Y104 2,617 85,956 SH   SOLE 0 85,956 0 0
BELDEN INC COM 077454106 930 20,800 SH   SOLE 0 20,800 0 0
BANKFINL CORP COM 06643P104 321 31,000 SH   SOLE 0 31,000 0 0
BOOKING HOLDINGS INC COM 09857L108 3,061 1,296 SH   SOLE 0 1,296 0 0
BRISTOL-MYERS SQUIBB COM 110122108 6,009 94,930 SH   SOLE 0 94,930 0 0
JAMES FINANCIAL GRP COM 470299108 2,986 210,449 SH   SOLE 0 210,449 0 0
BOX INC CLASS A CL A 10316T104 4,564 192,000 SH   SOLE 0 192,000 0 0
BLUEROCK RESIDENTIAL REIT COM CL A 09627J102 567 55,440 SH   SOLE 0 55,440 0 0
BERKSHIRE HATHAWAY CLASS B COM 084680107 326 1,267 SH   SOLE 0 1,267 0 0
BROADMARK RLTY CAP INC COM 11135B100 372 35,500 SH   SOLE 0 35,500 0 0
BRIDGEWATER BANCSHARES I COM ACCD INV 108621103 1,141 71,318 SH   SOLE 0 71,318 0 0
CARTER BANK & TRUST COM 146102108 1,205 86,219 SH   SOLE 0 86,219 0 0
CATERPILLAR INC COM 149123101 1,601 7,006 SH   SOLE 0 7,006 0 0
CROWN CASTLE INTL CORP COM 22822V101 262 1,520 SH   SOLE 0 1,520 0 0
CNB FINL CORP PA COM 126128107 294 12,000 SH   SOLE 0 12,000 0 0
CLEAR CHANNEL OUTDR COM 18453H106 55 30,000 SH   SOLE 0 30,000 0 0
SPROTT PHYSICAL GOLD & S UNIT 852066208 484 27,436 SH   SOLE 0 27,436 0 0
CENTRAL FEDERAL CORP COM NEW PAR 15346Q400 729 36,926 SH   SOLE 0 36,926 0 0
CHURCHILL DOWNS INC COM 171484108 5,302 23,000 SH   SOLE 0 23,000 0 0
CHARTER COMMUNICATN CLASS A CL A 16119P108 3,190 5,211 SH   SOLE 0 5,211 0 0
CITY OFFICE R E I T INCO REIT COM 178587101 417 37,850 SH   SOLE 0 37,850 0 0
CIVISTA BANCSHARES INC COM 178867107 447 19,400 SH   SOLE 0 19,400 0 0
COMPASS MINERALS INTL INC COM 20451N101 313 5,000 SH   SOLE 0 5,000 0 0
CONX CORP COM CL A CL A 212873103 100 10,000 SH   SOLE 0 10,000 0 0
CENTRAL PAC FINL CORP COM 154760409 266 10,000 SH   SOLE 0 10,000 0 0
CAPITALA FIN CO COM 14054R106 166 10,749 SH   SOLE 0 10,749 0 0
SALESFORCE COM INC COM 79466L302 883 4,048 SH   SOLE 0 4,048 0 0
CODORUS VY BANCORP INC COM 192025104 581 31,550 SH   SOLE 0 31,550 0 0
CVS HEALTH CORP COM 126650100 3,166 42,480 SH   SOLE 0 42,480 0 0
COMMUNITY WEST BANCSHARES COM 204157101 221 17,018 SH   SOLE 0 17,018 0 0
CORECIVIC INC COM 21871N101 664 75,100 SH   SOLE 0 75,100 0 0
CITIZENS CMNTY BANCO COM 174903104 767 61,500 SH   SOLE 0 61,500 0 0
WALT DISNEY CO COM DISNEY 254687106 6,415 34,216 SH   SOLE 0 34,216 0 0
DISH NETWORK CORP CLASS A CL A 25470M109 6,658 183,005 SH   SOLE 0 183,005 0 0
DORCHESTER MINERALS LP COM UNIT COM 25820R105 140 10,000 SH   SOLE 0 10,000 0 0
DOMINOS PIZZA INC COM 25754A201 2,020 5,417 SH   SOLE 0 5,417 0 0
DOVER MOTORSPORTS INC COM 260174107 2,489 1,194,000 SH   SOLE 0 1,194,000 0 0
GRAFTECH INTL COM 384313508 3,948 321,000 SH   SOLE 0 321,000 0 0
ISHARES MSCI EAFE ETF MSCI EAFE ETF 464287465 474 6,205 SH   SOLE 0 6,205 0 0
FORD MTR CO COM 345370860 3,857 320,200 SH   SOLE 0 320,200 0 0
FARMERS BANCORP COM 302627107 349 8,200 SH   SOLE 0 8,200 0 0
FACEBOOK INC CLASS A CALL 30303M902 3,488 11,651 SH   SOLE 0 11,651 0 0
FIRST BUS FINL SVCS INC WIS COM 319390100 444 17,900 SH   SOLE 0 17,900 0 0
FIRST CHOICE BANCORP COM 31948P104 495 20,500 SH   SOLE 0 20,500 0 0
FRESH DEL MONTE PRODUCE INC ORD G36738105 4,095 142,948 SH   SOLE 0 142,948 0 0
FIRST TRUST MLP AND ENER COM 33739B104 348 50,610 SH   SOLE 0 50,610 0 0
FIDUCIARY CLAYMORE ENGRY INF COM COM 31647Q205 99 10,000 SH   SOLE 0 10,000 0 0
FEDNAT HLDG CO COM 31431B109 46 10,000 SH   SOLE 0 10,000 0 0
FIRST NORTHWEST BANCORP COM 335834107 314 18,906 SH   SOLE 0 18,906 0 0
FS BANCORP INC. COM 30263Y104 1,168 17,400 SH   SOLE 0 17,400 0 0
LIBERTY MEDIA CORP SERIES A LIBERTY MEDIA COM SER A FRMLA 531229870 439 11,550 SH   SOLE 0 11,550 0 0
G E O GROUP INC NEW REIT COM 36162J106 154 20,000 SH   SOLE 0 20,000 0 0
GUARANTY FED BANCSHARES INC COM 40108P101 749 38,700 SH   SOLE 0 38,700 0 0
SPDR GOLD SHARES ETF IV GOLD SHS 78463V107 2,200 13,579 SH   SOLE 0 13,579 0 0
ALPHABET INC. CLASS C CAP STK CL C 02079K107 7,759 3,670 SH   SOLE 0 3,670 0 0
ALPHABET INC. CLASS A CAP STK CL A 02079K305 1,404 667 SH   SOLE 0 667 0 0
HYATT HOTELS CORP CL A 448579102 2,616 31,488 SH   SOLE 0 31,488 0 0
HORIZON BANCORP INC COM 440407104 320 17,200 SH   SOLE 0 17,200 0 0
HC2 HLDGS INC COM 404139107 78 20,000 SH   SOLE 0 20,000 0 0
HIMAX TECHNOLOGIES INC ADR 43289P106 136 10,000 SH   SOLE 0 10,000 0 0
HARTE-HANKS INCORPOR COM 416196103 1,868 424,488 SH   SOLE 0 424,488 0 0
HEXCEL CORP COM 428291108 390 7,050 SH   SOLE 0 7,050 0 0
ISHARES S&P MID CAP 400 VALUE ETF S&P MC 400VL ETF 464287705 548 5,366 SH   SOLE 0 5,366 0 0
ISHARES CORE S&P SMALL CAP ETF COM 464287804 218 2,000 SH   SOLE 0 2,000 0 0
ISHARES S&P 500 GROWTH ETF S&P 500 GRWT ETF 464287309 302 4,578 SH   SOLE 0 4,578 0 0
ISHARES RUSSELL 1000 VALUE ETF RUS 1000 VAL ETF 464287598 407 2,675 SH   SOLE 0 2,675 0 0
ISHARES DOW JONES US ETF DOW JONES US ETF 464287846 492 4,880 SH   SOLE 0 4,880 0 0
JOHNSON & JOHNSON COM 478160104 548 3,357 SH   SOLE 0 3,357 0 0
KINGSTONE COMPANIES COM 496719105 701 83,312 SH   SOLE 0 83,312 0 0
KANSAS CITY SOUTHERN COM NEW 485170302 1,768 6,700 SH   SOLE 0 6,700 0 0
LAKELAND BANCORP COM 511637100 180 10,500 SH   SOLE 0 10,500 0 0
LENNAR CORP CLASS B CL B 526057302 2,381 28,867 SH   SOLE 0 28,867 0 0
CARLOTZ INC COM CL A 142552108 587 80,000 SH   SOLE 0 80,000 0 0
LIBERTY MEDIA CORP SERIES A LIBERTY MEDIA COM SER A FRMLA 531229870 5,660 126,513 SH   SOLE 0 126,513 0 0
LIBERTY MEDIA CORP SERIES A LIBERTY SIRIUS XM COM 531229409 3,495 78,303 SH   SOLE 0 78,303 0 0
L S B INDUSTRIES INC COM 502160104 4,536 901,800 SH   SOLE 0 901,800 0 0
MASTERCARD INC CLASS A CALL 57636Q104 253 700 SH   SOLE 0 700 0 0
MANCHESTER UTD PLC CL A G5784H106 1,476 92,340 SH   SOLE 0 92,340 0 0
SPDR S&P MIDCAP 400 ETF CALL 78467Y907 503 1,050 SH   SOLE 0 1,050 0 0
MAINSTREET BANCSHARES INC COM 56064Y100 209 10,000 SH   SOLE 0 10,000 0 0
MARVELL TECHNOLOGY GROUP LTD ORD G5876H105 833 17,000 SH   SOLE 0 17,000 0 0
MICROSOFT CORP COM 594918104 3,322 13,748 SH   SOLE 0 13,748 0 0
MADISON SQUARE GARDEN ENCLASS A CL A 55826T102 1,927 23,123 SH   SOLE 0 23,123 0 0
MADISON SQUARE GARDEN COCLASS A CL A 55825T103 256 1,423 SH   SOLE 0 1,423 0 0
MGIC INVT CORP WIS COM COM 552848103 138 10,000 SH   SOLE 0 10,000 0 0
MICRON TECHNOLOGY INC COM 595112103 6,691 72,275 SH   SOLE 0 72,275 0 0
MVB FINL CORP COM 553810102 1,514 45,009 SH   SOLE 0 45,009 0 0
NAVIENT CORP COM 63938C108 3,249 226,078 SH   SOLE 0 226,078 0 0
NORTHEAST BK LEWISTON COM 66405S100 243 9,090 SH   SOLE 0 9,090 0 0
NOODLES & COMPANY CLASS A COM CL A 65540B105 1,918 184,000 SH   SOLE 0 184,000 0 0
NEWMONT GOLDCORP CORP COM 651639106 3,457 56,600 SH   SOLE 0 56,600 0 0
NETFLIX INC COM 64110L106 3,320 6,233 SH   SOLE 0 6,233 0 0
NEW RESIDENTIAL INVE REIT COM NEW 64828T201 351 31,750 SH   SOLE 0 31,750 0 0
NVIDIA CORP COM 67066G104 1,302 2,380 SH   SOLE 0 2,380 0 0
O2MICRO INTERNTNL LTD0 F SPONSORED ADR 1 ADR REPS 50 ORD SHS CALL 67107W900 394 48,000 SH   SOLE 0 48,000 0 0
PFIZER INC COM 717081103 533 14,650 SH   SOLE 0 14,650 0 0
PARKE BANCORP INC COM 700885106 242 12,000 SH   SOLE 0 12,000 0 0
PLBY GROUP INC COM 72814P109 1,189 55,000 SH   SOLE 0 55,000 0 0
PLYMOUTH INDUSTRIAL R E REIT COM 729640102 169 10,000 SH   SOLE 0 10,000 0 0
PSB HOLDINGS INC COM 69360W108 1,084 42,926 SH   SOLE 0 42,926 0 0
PORTMAN RIDGE FIN CORP COM 73688F102 216 100,000 SH   SOLE 0 100,000 0 0
PELOTON INTERACTIVE INC CL A 70614W100 866 7,600 SH   SOLE 0 7,600 0 0
PAYPAL HLDGS INC COM 70450Y103 993 4,000 SH   SOLE 0 4,000 0 0
QUALCOMM INC COM COM 747525103 271 2,000 SH   SOLE 0 2,000 0 0
QUANTUM CP DLT & STO COM NEW 747906501 3,135 363,000 SH   SOLE 0 363,000 0 0
INVESCO QQQ TR UNIT SER 46090E103 247 761 SH   SOLE 0 761 0 0
RELIANT BANCORP INC COM 75956B101 433 15,000 SH   SOLE 0 15,000 0 0
READING INTERNATIONAL INC CL A 755408101 1,258 208,510 SH   SOLE 0 208,510 0 0
RING ENERGY INC. COM 76680V108 210 90,000 SH   SOLE 0 90,000 0 0
RIVERVIEW FINL COM 76940Q105 405 38,700 SH   SOLE 0 38,700 0 0
ROYCE MICRO CAPITAL CF COM 780915104 130 11,345 SH   SOLE 0 11,345 0 0
SALISBURY BANCORP INC COM 795226109 1,553 34,754 SH   SOLE 0 34,754 0 0
ECHOSTAR CORP CL A 278768106 1,638 70,000 SH   SOLE 0 70,000 0 0
SEACOAST BK CORP FLA COM 811707801 949 26,250 SH   SOLE 0 26,250 0 0
STARBUCKS CORP COM 855244109 2,459 22,539 SH   SOLE 0 22,539 0 0
SCHWAB TR US SML CAP ETF COM 808524607 239 2,383 SH   SOLE 0 2,383 0 0
SCHWAB US DIVIDEND EQUITY ETF US DIVIDEND EQ 808524797 2,553 34,940 SH   SOLE 0 34,940 0 0
SCHWAB EMERGING MARKETS EQUITY ETF EMRG MKTEQ ETF 808524706 719 22,400 SH   SOLE 0 22,400 0 0
SCHWAB INTERNATIONAL EQUITY ETF INTL EQTY ETF 808524805 479 12,643 SH   SOLE 0 12,643 0 0
SCHWAB SHORT TERM US TREASURY ETF IV SHT TM US TRES 808524862 664 12,959 SH   SOLE 0 12,959 0 0
SCHWAB US LARGE CAP ETF US LRG CAP ETF 808524201 2,084 21,502 SH   SOLE 0 21,502 0 0
SCHWAB US AGGREGATE BONDETF US AGGREGATE B 808524839 924 17,111 SH   SOLE 0 17,111 0 0
STITCH FIX INC CLASS A COM CL A 860897107 877 17,426 SH   SOLE 0 17,426 0 0
SILICON MOTION TECHNOLOGY CO ADR 82706C108 759 12,140 SH   SOLE 0 12,140 0 0
SCOTTS MIRACLE GROUP CALL 810186906 2,121 8,500 SH   SOLE 0 8,500 0 0
SMITH MICRO SOFTWARE INC COM 832154207 347 60,000 SH   SOLE 0 60,000 0 0
SONY CORP SPONSORED ADR ADR 835699307 339 3,200 SH   SOLE 0 3,200 0 0
SPOTIFY TECHNOLOGY F SHS L8681T102 1,933 7,103 SH   SOLE 0 7,103 0 0
SPDR S&P 500 ETF SPDR S&P 500 ETF 78468R796 1,559 3,905 SH   SOLE 0 3,905 0 0
CONSTELLATION BRANDS INC CL A 21036P108 1,470 6,425 SH   SOLE 0 6,425 0 0
SUPERIOR INDUSTRIES COM 868168105 275 48,200 SH   SOLE 0 48,200 0 0
A T & T INC COM 00206R102 896 29,600 SH   SOLE 0 29,600 0 0
TRAVELCENTERS AMERIC COM 894174101 1,191 44,456 SH   SOLE 0 44,456 0 0
BANCORP INC COM 05969A105 1,654 80,249 SH   SOLE 0 80,249 0 0
TELEPHONE & DATA SYS INC COM NEW 879433829 8,578 372,450 SH   SOLE 0 372,450 0 0
TIDEWATER INC NEW COM 88642R109 467 37,550 SH   SOLE 0 37,550 0 0
TEVA PHARMACEUTICAL INDS LTD ADS 881624209 694 60,418 SH   SOLE 0 60,418 0 0
TARGET CORP COM 87612E106 212 1,058 SH   SOLE 0 1,058 0 0
TEEKAY TANKERS CL A Y8565N300 139 10,000 SH   SOLE 0 10,000 0 0
TSAKOS ENERGY NAV F SHS G9108L108 372 38,397 SH   SOLE 0 38,397 0 0
TOWNSQUARE MEDIA INC CLASS A CL A 892231101 1,184 110,000 SH   SOLE 0 110,000 0 0
UMPQUA HOLDINGS CORP COM 904214103 235 13,500 SH   SOLE 0 13,500 0 0
UNITEDHEALTH GRP INC COM 91324P102 528 1,425 SH   SOLE 0 1,425 0 0
UNITED PARCEL SERVICE INC CL B 911312106 767 4,520 SH   SOLE 0 4,520 0 0
UNIVERSAL STAINLESS & ALLOY COM 913837100 134 13,996 SH   SOLE 0 13,996 0 0
USA TECHNOLOGIES INC COM 90328S500 478 14,700 SH   SOLE 0 14,700 0 0
VANGUARD SMALL CAP GROWTH ETF SML CP GRW ETF 922908595 467 1,677 SH   SOLE 0 1,677 0 0
VANGUARD SMALL CAP VALUEETF IV SM CP VAL ETF 922908611 696 4,189 SH   SOLE 0 4,189 0 0
VANGUARD INDEX FDS MCAP VL INX 922908512 325 2,405 SH   SOLE 0 2,405 0 0
VANGUARD MID CAP GROWTH ETF MCAP GR INXVIP 922908538 717 3,294 SH   SOLE 0 3,294 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 978 16,800 SH   SOLE 0 16,800 0 0
WHEELER REIT REIT COM NEW 963025705 2,168 594,000 SH   SOLE 0 594,000 0 0
WASTE MANAGEMENT INC COM 94106L109 272 2,100 SH   SOLE 0 2,100 0 0
WARNER MUSIC GROUP CORP CLASS A COM CL A 934550203 3,204 94,460 SH   SOLE 0 94,460 0 0
WALMART INC COM 931142103 471 3,450 SH   SOLE 0 3,450 0 0
SELECT STR FINANCIAL SELECT SPDR ETF COM 81369Y605 205 6,000 SH   SOLE 0 6,000 0 0
EXXON MOBIL CORP COM 30231G102 246 4,364 SH   SOLE 0 4,364 0 0
ZOETIS INC CL A 98978V103 210 1,325 SH   SOLE 0 1,325 0 0