Kinder Morgan, Inc. (NYSE:KMI) – For an in-depth report on Kinder Morgan, Inc. follow: www.BullTrends.com/stockquote/KMI
Shares of Kinder Morgan closed in the red on Monday down 2.82%. The stock even hit a new 52-week low of $31.45 during intra-day trading and traded nearly 25 million shares. A negative article in Barron's over the weekend turned bearish on the company and sent shares lower. A financial media company argued that Kinder Morgan erroneously calculated its distributable cash flow in relation to its various businesses, particularly oil production, a segment which accounts for almost 20% of annual cash flow.
BlackBerry Limited (NASDAQ: BBRY) – For an in-depth report on BlackBerry Limited follow: www.BullTrends.com/stockquote/BBRY
BlackBerry Limited closed up 7.55% on Monday with over 55.5 million shares traded. The stock was one of the biggest gainers on the NASDAQ. The stock headed higher on rumors that it could replace Microsoft to power Ford's future generation cars with smartphone technology. This technology allows drivers to make phone calls, read text messages and play music hands-free -- and in some versions allows users to also control smartphone apps.
Elite Pharmaceuticals, Inc. (OTCBB: ELTP) – For an in-depth report on Elite Pharmaceuticals, Inc. follow: www.BullTrends.com/stockquote/ELTP
Elite Pharmaceuticals closed up 7.32% on Monday with over 4.7 million shares traded. Last week the company announced successful results from a pilot bioequivalence study initiated in December 2013 for ELI-201, a twice-daily opioid abuse deterrent oxycodone product with abuse deterrent technology. Three different twice daily formulations developed by Elite were tested in the study. The study results demonstrate that all formulations in the study were bioequivalent to the reference drug based on pharmacokinetic measures including peak plasma concentration (Cmax) and area under the curve (AUC) for oxycodone blood plasma levels. The study was a single dose, open label, randomized, four period, four treatment, cross over study in 16 healthy volunteers under fasted conditions.
Well Power, Inc. (OTCBB: WPWR) – For an in-depth report on Well Power, Inc. follow: www.BullTrends.com/stockquote/WPWR
Shares of WPWR closed up 24.39% on Monday with about 7.6 million shares traded. The stock was one of the biggest gainers in the OTCBB marketplace. The company released a PR providing information on the potential applications and market size for its licensed Micro-Refinery Unit in the state of Texas. Well Power Inc. has an exclusive license for the MRU which processes wasted and shut-in gas, including natural gas which is otherwise flared. The process is made economical by integrating commercially proven technology with a novel single-vessel which combines the creation of synthesis gas (syngas) with the Fisher Tropsch process.
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