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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

Comment by desperado76on Feb 18, 2010 10:20am
247 Views
Post# 16795093

RE: RE: Just keep hitting the ASK all day

RE: RE: Just keep hitting the ASK all dayPantwetting creamy whites brown-stained mad dash.
That is some crazy short covering.

I am assuming that it took this volume of trading yesterday to convince even the most dedicated believer that the sky was falling. In my opinion,  if you wanted to scare this board and other shareholders, it would take a million share dump. That should give a good indication just how strong the resolve is of shareholders and that tells me this is and will be in great demand. There must be something valuable under that land that somebody wants if you are willing to shake it down that dramatically.
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