Barnes & Noble Inc. (NYSE: BKS) is up 22.68% to $15.75 on heavy volume of 3.79 million shares. The company announced late Tuesday that its board intends to evaluate strategic alternatives, and may consider selling the company. (NYSE:BKS), (BKS)

True Religion Apparel Inc. (NASDAQ: TRLG) is down 4.61% to $22.53, on above-average volume of 1.40 million shares, following Tuesday’s earnings report. The company posted a 31% decline in its Q2 profit, missing analysts’ expectations. (NASDAQ:TRLG), (TRLG)

ExpressJet Holdings Inc. (NYSE: XJT) is up 100.00% to $6.56 following the news that SkyWest subsidiary Atlantic Southeast would buy the company for about $133 million in cash. (NYSE:XJT), (XJT)

Time Warner Inc. (NYSE: TWX) is up 1.33% to $32.79. The company posted a 7% rise in its Q2 profit, topping analysts’ view, and improved its outlook for the full year. (NYSE:TWX), (TWX)

DepoMed Inc. (NASDAQ: DEPO) is up 15.55% to $3.27 following the announcement that no patent infringement lawsuit has been filed against its experimental pain drug. The company looks forward to a potential approval of DM-1796 in the Q1 of 2011. (NASDAQ:DEPO), (DEPO)

Polo Ralph Lauren Corp. (NYSE: RL) is up 5.89% to $83.98. The company reported a 57% rise in its Q1 profit, helped by stronger sales, and lifted its outlook for the full year. (NYSE:RL), (RL)

Pitney Bowes Inc. (NYSE: PBI) is down 14.42% to $21.36, on above-average volume of 5.64 million shares, ,following a disappointing earnings announcement Tuesday. (NYSE:PBI), (PBI)

Super Micro Computer Inc. (NASDAQ: SMCI) is down 24.33% to $10.21, on heavy volume of 2.15 million shares, over 10 times its average volume of 200K shares traded. The company reported its Q4 and full-year financial results late Tuesday. (NASDAQ:SMCI), (SMCI)

DG FastChannel Inc. (NASDAQ: DGIT) is down 9.28% to $36.77, on heavy volume of 1.38 million shares, despite an earnings beat. The company reported Q2 earnings of 49 cents per share, ahead of analysts’ expectations of 23 cents. (NASDAQ:DGIT), (DGIT)

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About BeaconEquity.com

BeaconEquity.com is committed to producing the highest-quality insight and analysis of small-cap stocks, emerging technology stocks, hot penny stocks and helping investors make informed decisions. Our focus is primarily OTC stocks in the stock market today, which have traditionally been shunned by Wall Street. We have particular expertise with renewable energy stocks, biotech stocks, oil stocks, green energy stocks and internet stocks. There are many hot penny stock opportunities present in the OTC market everyday and we seek to exploit these hot stock gains for our members before the average daytrader is aware of them.

Beacon Equity Group Disclaimer

This newsletter is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. Beaconequity.com is a wholly-owned subsidiary of BlueWave Advisors.

While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a real licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.