Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Comment by Greenstakeon Feb 17, 2010 10:07pm
347 Views
Post# 16793785

RE: Kinross

RE: Kinross"Big forces at work here....................anything to drive down ourvaluations? Big money, big gold on the line!"

There are forces at work who WANT EC SHARES BADLY and are doing their best to dissuade investors from holding onto their shares. The only reason for all this is they know that it is inevitable EC will eventually make a gold discovery and they want in cheap and are prepared to do whatever they can to get in.

There are only so many free floating shares out there so they do what they can to shake out inexperienced investors out of the stock by trying to paint as bleak a picture as possible and take people to the breaking point so they will capitulate. That is the game and they are good at it.

The best way to avoid getting sucked in is pay no attention to these games, bashers and know your DD and why you are invested in EC in spite of the share price now. 

Common sense tells you these professional manipulators really want EC shares - why do they want EC shares - because EC is a losing proposition?  OF COURSE NOT !!!!!!!

So why are investors getting bent outta shape?  Answer: Because they are inexperienced and don't understand how they are being suckered out of their shares. Simple as that.

Bullboard Posts