All insider purchases for Aug 30 2008

Ticker	Company	T. Value	Sector	Person	Position	Price	% Holdings	Significance	Mkt Cap
SMIT	Schmitt Industries Inc	6K	industrial instruments for measurement, display, and control	Ellsworth Michael	Director	6.18	N/A	N/A	18M
RSTI	Rofin Sinar Technologies Inc	98K	miscellaneous electrical machinery, equipment & supplies	Molnar Louis	Coo-macro/president-rsi	16.36	N/A	N/A	486M
CVBK	Central Virginia Bankshares Inc	8K	state commercial banks	Baker Kemper W Jr	Director	13.8	N/A	N/A	36M
ROAC	Rock Of Ages Corp	3K	cut stone & stone products	Plude Laura	Vice President Cfo & Treasurer	2	N/A	N/A	15M
RAS	Rait Financial Trust	21K	real estate investment trusts	Salmon Jack	Cfo & Treasurer	7.02	41405.667	8300981	435M
ESGR	Enstar Group Inc	98K	investors, nec	Davis T Wayne	Director	108.44	2824.37	60078	1296M
ROAC	Rock Of Ages Corp	11K	cut stone & stone products	Fox James L	Director	2.85	307.166	5042	21M
NRDS.OB	Nord Resources Corp	10K		Morrison Wayne	Cfo & Vice President	0.49	300	N/A	N/A
WSTL	Westell Technologies Inc	16K	telephone & telegraph apparatus	Dwyer Paul A	Director	0.93	271.111	1717	66M
MLI	Mueller Industries Inc	27K	rolling drawing & extruding of nonferrous metals	Federbush Alexander Philip	Director	27.49	200	108	1020M
DUF	Duff & Phelps Corp	46K		Carapezzi William R Jr	Director	18.5	82.156	N/A	N/A
SPNC	Spectranetics Corp	40K	electromedical & electrotherapeutic apparatus	Fletcher Donald C Jr	Vp Of Quality Systems	7.99	79.352	100	253M
CLMT	Calumet Specialty Products Partners, L.p.	138K		Carter James S	Director	13.77	56.852	N/A	N/A
TREE	Tree.com, Inc.	186K		Lebda Douglas R	Chairman & Ceo	7.6	34.279	N/A	N/A
LL	Lumber Liquidators, Inc.	1K		Matherne Elizabeth Jean	Svp, Human Resources	12.87	33.333	N/A	N/A
SFI	Istar Financial Inc	23K	real estate investment trusts	Mcdonald John G		5.75	29.52	3	773M
HOMS	Homeland Security Capital Corp	98K	services-computer integrated systems design	Ya Global Investments	Owns 10% Or More	0.06	29.496	N/A	N/A
CHN	China Fund Inc	11K		Lightburn James J	Director	28.27	27.286	2	412M
ACNB	Acnb Corp	4K	state commercial banks	Miller Robert Wayne	Director	15.8	24.777	3	95M
HDLM.PK	Handleman Co /mi/	1658K	wholesale-durable goods, nec	S. Muoio & Co. Llc	Owns 10% Or More	1.86	22.813	2260	38M
GFSI	Goldleaf Financial Solutions Inc.	9K	services-prepackaged software	Schneider John D Jr	Director	1.72	20	N/A	N/A
CHKT	Chemokine Therapeutics Corp	86K	biological products (no diagnostic substances)	Salari Hassan	Owns 10% Or More	0.06	19.084	N/A	N/A
TCO	Taubman Centers Inc	19K	real estate investment trusts	Taubman Robert S	President, Ceo, And Chair Bod	47.2	17.391	0	2493M
XLTC	Excel Technology Inc	49388K	miscellaneous electrical machinery, equipment & supplies	Gsi Group Inc	Owns 10% Or More	32	16.856	4038	348M
NXST	Nexstar Broadcasting Group Inc	4K	television broadcasting stations	Busch Timothy C	Evp & Co-coo	3.65	16.667	1	104M
TOVC	Torvec Inc	2K	motor vehicle parts & accessories	Rizzo Joseph B	Director	2	15.7	1	64M
ACPW	Active Power Inc	8K	electric services	Scott Benjamin L	Director	0.78	15.385	4	47M
BOCH	Bank Of Commerce Holdings	4K	state commercial banks	Bonuccelli Dave	Director	6.5	15.286	2	57M
FNBN	Fnb United Corp.	8K	national commercial banks	Severson Mark A	Director	7.55	14.286	2	86M
CSBB.OB	Csb Bancorp Inc /oh	3K	state commercial banks	Greig Paul D	Senior Vice President	15.25	14.267	2	37M
LSBK	Lake Shore Bancorp, Inc.	69K		Kolkmeyer Paul J	Director	9.25	13.966	N/A	N/A
GOLF	Golfsmith International Holdings Inc	6K		Allen Robert Emmett	Director	3.24	12.922	N/A	N/A
PTEK	Pokertek, Inc.	4K	miscellaneous manufacturing industries	Halligan Christopher	Chief Executive Officer	4.15	11.872	1	45M
HEOP	Heritage Oaks Bancorp	8K	state commercial banks	Behrman Michael J.		8.25	9.777	1	64M
INFI	Infinity Pharmaceuticals, Inc.	164K	pharmaceutical preparations	Holtzman Steven H	President And Ceo	7.4	9.413	N/A	N/A
CUZ	Cousins Properties Inc	36K	real estate investment trusts	Bell Thomas D Jr	Chairman And Ceo	21.62	7.905	0	1187M
NONE	Independence Lead Mines Co	10K		Dixon Robert B Jr	Director	5	7.848	N/A	N/A
TFSL	Tfs Financial Corp	120K		Stefanski Marc A	Chairman, President And Ceo	11.99	7.274	N/A	N/A
SPNC	Spectranetics Corp	40K	electromedical & electrotherapeutic apparatus	Schulte John G	Ceo	8.02	6.91	1	254M
BOFL	Bank Of Florida Corp	26K	national commercial banks	Douglas Bradford G	Director	7.79	6.719	1	100M
RIVR	River Valley Bancorp	4K	savings institution, federally chartered	Mckay Charles J	Director	13.5	6.067	1	22M
ONB	Old National Bancorp /in/	9K	national commercial banks	Jones Robert G	President And Ceo	17.03	5	0	1127M
NEU	Newmarket Corp	2134K	industrial organic chemicals	Gottwald Bruce C	Owns 10% Or More	64.87	4.423	4	1004M
NXTY	Nexity Financial Corp	11K	state commercial banks	Thornton William L Iii	Director	2.09	4.295	1	16M
CADE	Cadence Financial Corp	37K	national commercial banks	Mallory Lewis F Jr	Chairman Of The Board And Ceo	9.22	4.265	0	197M
DNBF.OB	Dnb Financial Corp /pa/	2K	national commercial banks	Kline C Tomlinson Iii	Svp/lending	13.49	4.241	0	35M
GBTS	Gateway Financial Holdings Inc	14K	national commercial banks	Green Robert Y Jr	Director	6.89	4.238	0	87M
NONE	Independence Lead Mines Co	10K		Mask Jackie L	Director	5	3.347	N/A	N/A
FMFP	First Community Financial Corp	3K	national commercial banks	Graybill Jody D	Other	31.5	3.167	N/A	N/A
DNBF.OB	Dnb Financial Corp /pa/	2K	national commercial banks	Melfi Albert J Jr	Evp/lending	13.49	3.145	0	35M
NONE	Independence Lead Mines Co	10K		Strain William M	Director	5	3.139	N/A	N/A
BOOT	Lacrosse Footwear Inc	16K	rubber & plastics footwear	Rosenthal Richard A	Director	16.37	3.053	0	102M
NONE	Independence Lead Mines Co	10K		Leslie William Wayne	Director	5	2.928	N/A	N/A
CAGU	Castle Group Inc	103K	hotels & motels	Wall Richard Stephen	Ceo, Chairman Of The Board	1.5	2.918	6	14M
DNBF.OB	Dnb Financial Corp /pa/	1K	national commercial banks	Hartmann Richard J	Evp/retail	13.49	2.742	0	35M
SEBC	Southeastern Banking Corp	2K	state commercial banks	Root Craig	Other	17.75	2.632	N/A	N/A
NUT	Ml Macadamia Orchards L P	154K	agriculture production - crops	Ebrahimi Farhad Fred	Owns 10% Or More	3.58	2.575	4	27M
NONE	Independence Lead Mines Co	10K		Cameron James S	Director	5	2.31	N/A	N/A
NONE	Independence Lead Mines Co	10K		Davis George R Sr	Director	5	2.242	N/A	N/A
GBTS	Gateway Financial Holdings Inc	5K	national commercial banks	Sykes Ollin B	Director	6.91	2.105	0	88M
PSBG	Psb Group Inc	13K	national commercial banks	Morawski Longine V	Director	6.38	1.964	N/A	N/A
DNBF.OB	Dnb Financial Corp /pa/	2K	national commercial banks	Sopp Gerald F	Cfo	13.49	1.887	0	35M
CVG	Convergys Corp	3762K	services-computer integrated systems design	Jana Partners Llc	Owns 10% Or More	14.66	1.839	1	1812M
PSBG	Psb Group Inc	1K	national commercial banks	Banks Michael J	Senior Vice President	5.45	1.786	N/A	N/A
GBTS	Gateway Financial Holdings Inc	14K	national commercial banks	Berry Daniel B	Chairman, President And Ceo	6.95	1.491	0	88M
OVLY.OB	Oak Valley Bancorp	21K		Courtney Christopher M.	President	7	1.479	N/A	N/A
NONE	Independence Lead Mines Co	10K		Dumas Richard J	Director	5	1.478	N/A	N/A
TCO	Taubman Centers Inc	9K	real estate investment trusts	Taubman William S	Chief Operating Officer	47.2	1.473	0	2493M
BYLK	Baylake Corp	3K	state commercial banks	Sturm Paul J	Director	5	1.38	0	40M
DNBF.OB	Dnb Financial Corp /pa/	3K	national commercial banks	Hieb William J	President/coo	13.49	1.351	0	35M
PEFF	Power Efficiency Corp	9K	electrical industrial apparatus	Strasser Steven Z	Ceo	0.3	1.351	0	12M
FPTB	First Pactrust Bancorp Inc	18K	national commercial banks	Majors Alvin L	Chairman	12.3	1.265	0	53M
AACC	Asset Acceptance Capital Corp	59K	short-term business credit institutions	Nierenberg Investment Management Co	Owns 10% Or More	10.7	1.247	0	327M
NONE	Independence Lead Mines Co	10K		Reese Thomas D	Director	5	1.212	N/A	N/A
NONE	First Pulaski National Corp	6K		Bagley David E	Director	55	1.121	N/A	N/A
AVNR	Avanir Pharmaceuticals	85K	pharmaceutical preparations	Moorin Jay	Owns 10% Or More	0.95	1.114	N/A	N/A
ADK	Adcare Health Systems Inc	3K		Wade Gary L	President/ceo	2.4	0.998	N/A	N/A
ATCT	Ats Corp	356K	services-management consulting services	Osmium Special Situations Fund Ltd	Owns 10% Or More	2.17	0.905	N/A	N/A
BOFL	Bank Of Florida Corp	16K	national commercial banks	Johnson Lavonne	Director	7.8	0.866	0	100M
ATAXZ	America First Tax Exempt Investors Lp	13K	finance services	Yanney Gail Walling	Other	6.39	0.825	0	86M
ATAXZ	America First Tax Exempt Investors Lp	13K	finance services	Yanney Michael B	Chairman Of Gp Of Gp	6.39	0.825	0	86M
ATAXZ	America First Tax Exempt Investors Lp	13K	finance services	Roskens Lisa Y	President And Ceo Of Gp Of Gp	6.39	0.825	0	86M
PEI	Pennsylvania Real Estate Investment Trust	39K	real estate investment trusts	Korman Leonard I	Director	19.5	0.769	0	767M
DNBF.OB	Dnb Financial Corp /pa/	1K	national commercial banks	Moroney Bruce E	Evp/cfo	13.49	0.758	0	35M
BJCT	Bioject Medical Technologies Inc	4K	surgical & medical instruments & apparatus	Flynn Edward L	Director	0.37	0.685	0	6M
SRYB	Surrey Bancorp	5K	state commercial banks	Moody Robert H	Director	10	0.661	N/A	N/A
CARV	Carver Bancorp Inc	2K	savings institution, federally chartered	Holland Robert Jr		7.68	0.655	N/A	N/A
HPOL	Harris Interactive Inc	63K	services-management consulting services	Bollore Vincent	Owns 10% Or More	1.55	0.587	0	83M
DNBF.OB	Dnb Financial Corp /pa/	11K	national commercial banks	Latoff William S	Chairman & Ceo	14.38	0.49	0	37M
WMAR	West Marine Inc	132K	retail-auto dealers & gasoline stations	Repass Randolph K	Owns 10% Or More	4.44	0.488	0	98M
PNBK	Patriot National Bancorp Inc	3K	national commercial banks	Howell Charles F	President & Vice Chairman	13.75	0.444	0	65M
PNBK	Patriot National Bancorp Inc	2K	national commercial banks	Intrieri Michael F		13.75	0.377	0	65M
AMPL	Ampal-american Israel Corp	95K	investors, nec	Merhav (m.n.f.) Ltd	Owns 10% Or More	4.83	0.367	0	279M
CLMS	Calamos Asset Management, Inc. /de/	2K	security brokers, dealers & flotation companies	Knight Arthur L	Director	20.5	0.363	0	412M
NONE	Independence Lead Mines Co	2K		Bridges David E	Vice President	19.7	0.341	N/A	N/A
FTRS.OB	Foothills Resources Inc	3K	crude petroleum & natural gas	Tower Dennis B	Chief Executive Officer	0.14	0.306	0	8M
BMTI	Biomimetic Therapeutics, Inc.	99K	surgical & medical instruments & apparatus	Novo A/s	Owns 10% Or More	10.96	0.284	0	203M
RCKE	Rock Energy Resources, Inc.	5K		Harrington Mark G	Vice Chairman Of The Board	2.38	0.267	N/A	N/A
NDN	99 Cents Only Stores	898K	retail-variety stores	Gold David	Chairman Of The Board	8.04	0.254	0	563M
NDN	99 Cents Only Stores	898K	retail-variety stores	Gold Sherry		8.04	0.254	0	563M
IG	Igi Inc	9K	biological products (no diagnostic substances)	Gerardi Frank	Owns 10% Or More	1.79	0.238	0	27M
WMSI.PK	Williams Industries Inc	3K	fabricated structural metal products	Williams Frank E Jr	Owns 10% Or More	1.48	0.19	0	5M
RWT	Redwood Trust Inc	9K	real estate investment trusts	Bull George	Chairman Of The Board/ceo	17.76	0.156	0	583M
DIRI.OB	Direct Insite Corp	3K	services-computer integrated systems design	Cannavino James A	Chairman Of The Board & Ceo	1.51	0.122	N/A	N/A
PEBK	Peoples Bancorp Of North Carolina Inc	8K	state commercial banks	Abernethy Christine S		11.79	0.12	0	66M
PICO	Pico Holdings Inc /new	1K	real estate	Hart John R	President And Ceo	47.25	0.111	0	890M
TWER	Towerstream Corp	5K		Thompson Jeffrey M	President And Ceo	1.39	0.108	N/A	N/A
CHRZ	Computer Horizons Corp	9K	services-computer integrated systems design	Southpaw Asset Management Lp	Owns 10% Or More	0.32	0.086	0	11M
ALJ	Alon Usa Energy, Inc.	1815K	petroleum refining	Alon Israel Oil Company, Ltd.	Owns 10% Or More	12.1	0.056	0	567M
PNBK	Patriot National Bancorp Inc	6K	national commercial banks	Decaro Angelo	Chairman And Ceo	13.75	0.054	0	65M
FSC	Fifth Street Finance Corp	5K		Tannenbaum Leonard M	Ceo & President	10.42	0.029	N/A	N/A
TAROF	Taro Pharmaceutical Industries Ltd	3K		Franklin Resources Inc	Owns 10% Or More	9.8	0.007	N/A	N/A