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Ecopetrol ADR Representing 20 Ord Shs V.EC


Primary Symbol: EC

Energy Oil & Gas Integrated
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

Ecopetrol ADR Representing 20 Ord Shs
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Post by SwissInvestoron Jan 21, 2010 4:35pm
427 Views
Post# 16705499

Just an interesting comparison

Just an interesting comparisonThe last time that ecometals weekly RSI was at 54 the stock price was about 20 cent. what followed was a huge run up to the overbought RSI area at 80 and a share price of 1,35...or a 500% gain. now we are trading at 0,85can$ and a 500% gain would be....? i hope you are able to calculate.
Btw: 54 RSI was the time i bought 75% of my shares. So good time to buy some more. if i could i would pick up every day at the end of the day 1000 or 2000 shares for the next days because the next upleg will bring us to new highs.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities
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