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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 Frelodron Jan 20, 2010 12:46pm
189 Views
Post# 16699901

RE: Some Retail Holders in a Panic?

RE: Some Retail Holders in a Panic? What a time to be out of cash!

I'm not out of cash. If it drops to the upper 70's, I will buy again folks.
I'm telling you folks, this could be the bottom, or MAYBE a drop to the upper 70's.
But if you have thought of adding to your position, ======> there is no better time than the present.
Just don't buy all at one price. Buy in increments.

Setiments will change in this market, sooner than you may believe.
Just take a deep breath, walk away from your computer, come back later.

One last thing, these heavy hitters may be bringing this down (Hopeing to hit your STOP LOSSES) and take your shares at a STEAL.

Talk soon,
LODR
Bullboard Posts