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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 chkrzron Feb 25, 2010 2:38pm
392 Views
Post# 16820519

Pattern?

Pattern?   I have no evidence however from going over history of this and other holdings which have acted relatively the same whereas news can really make things shake up . From what I have seen the money can once again jump in and go for a ride if it is all favorable or seeing as there is a gap between the news releases ( as we expect  from the sale of property then the lab results which may again be spaced out by 7-10 days ) they then have the opportunity to shake the tree again if the sale doesnt go through as expected while gaining position before the other results come back from weak retailers which have jumped in as of late.

Just a thought, if i am out to lunch let me know as both the tactics and the  psychology behind  this game amazes me.... I have been researching like mad patterns related to both adverse and positive conditions and the effects on a holding . The way I see it us little guys have little chance alot of the time as the big guys shake the tree so damn hard, then with that thinking when we do get stubborn and hold on we just get cut down :) .... I am holding on for dear life and not letting go of this puppy!!

GL to all no matter what your position is
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