Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 robbie25on Feb 18, 2010 11:23am
187 Views
Post# 16795490

RE: RE: You guys can't honestly be surprised, can

RE: RE: You guys can't honestly be surprised, canSorry for the reposting, stockhouse isn't letting me post.

Anyways, back on topic.....


The good news, for all you investing-challanged individuals who simply buy a stock for whatever reason helps them sleep at night, without checking ANY lead indicators.......is that EC could be a buy soon......it will retest the 200 DMA, as I said back in January....but it is almost there. If that holds, EC will likely have a bit of a bounce.

Now, I wouldn't bother staying in very long, because the chart shows a very obvious break of the previous uptrend....use the coming spike as an exit point.

As for the current price levels, I called back in late January, when EC was still in the mid-
.90's:

https://www.stockhouse.com/Bullboards/MessageDetail.aspx?s=EC&t=LIST&m=27889817&l=0&pd=0&r=0


Bullboard Posts