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Ecopetrol ADR Representing 20 Ord Shs V.EC


Primary Symbol: EC

Ecopetrol S.A. is an oil company. The Company operates in Colombia, Peru, Brazil and the United States Gulf Coast. The Company's segments include Exploration and Production, Transportation and Logistics, and Refining, Petrochemicals and Biofuels. The Company's Exploration and Production segment includes exploration, development and production activities in Colombia and abroad. The Company's Transportation and Logistics segment includes the transportation of crude oil, motor fuels, fuel oil and other refined products, including diesel and biofuels. The Company's main crude oil pipeline systems' operating capacity is approximately 1.34 million barrels per day (BPD). The Company's main refineries are the Barrancabermeja refinery, which it directly owns and operates, and a refinery in the Free Trade Zone in Cartagena that is operated by Reficar S.A., a subsidiary of the Company. The Company also owns and operates two other minor refineries: Orito and Apiay.


NYSE:EC - Post by User

Post by Greenstakeon Nov 03, 2009 2:27pm
285 Views
Post# 16448694

Consider this

Consider this
Broker A makes a deal with Broker B to do a share exchange using the open market.

Broker A puts up ASKS in large blocks in the hopes of shaking loose some extra shares from sheeple which Broker B will scoop up because they want more than just what Broker A has to offer besides the agreed blocks as they come up for sale... when it's not working as well as they hoped for they raise the ante. They do it all under the cover of anonymous.  All in a days work.  Love a broker nobody else does.

Sounds to me with all the accumulation taking place today that EC is going to run hard when it gets the permit.






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