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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 djgton Dec 01, 2009 5:45pm
403 Views
Post# 16542492

Tomorrow is huge!!

Tomorrow is huge!! Tomorrow is huge, it either shows a huge follow through in price and builds the $1.00 mark as the new resistence area or it will hover around here showing that this may be a "momentum" stock right now.

I for one want to see this follow through as I am in it for the long term and the higher we can move this before we start to base again the better for all of us that have been here since the sub-50's.

I'm hoping for $1.25-1.50 tomorrow and then range bound in the $1.10-1.30 mark....at least until I can get more money in it. I've gotta be greedy in one way or another. Once January 1 comes and I can put another 5K worth in my TFSA....I hope we blow the top off of this thing and go to $43.20 and I will be a very happy fellow.

Oh by the way, someone mentioned ASW earlier, I will be giving my last FREE pick of the year on Weber's Web you'll want to check it out (I've been watching it for a while now as you can see by viewing my Public Portfolio). Subscriptions to my newsletter will be available in January! Successful long term picks this year have been SDX, EC, SGR and Natural Gas bottoming.

https://www.stockhouse.com/Blogs/ViewBlog.aspx?b=2878

Cheers,

Just as pumped as everyone else.
djgt
aka Chris Weber

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