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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 jvtayon Mar 17, 2010 11:36am
305 Views
Post# 16892833

RE: I personally

RE: I personallyI agree, carthurj...few sellers.   It would appear, as we were surmising, that the weak hands have for the most part already been shaken out, and takedowns just aren't working too well.   "Pseudo-Basher-Sellers" looking for a shakeout to try to get cheaper shares are instead running into buyers.   Doesn't do much for your warchest if you have to sell 200K shares to get back 150K...lol...doesn't build up the coffers very quickly...;)   (Kinda like the saying, "Lose on every sale, but make it up in volume"  ;) 

Eyes are now where they should be...on results.   All the rest is gamesmanship and all the manipulations of the dark side.   The Sith are pushing for poor results, no gold, Brazilian messing with our manganese, the Condor getting shot down (actually part of me hopes it doesn't go thru, but if results of RZ drilling are what we Jedi are hoping for, it may really be moot...which is why part of me would rather hang on to it to sell as the POG continues to rise and so does the value of gold in ground), and are hoping for idiot uninformed weak-minded newbie investors here to try to turn.   But my guess is that by now most who are still here who've been here for any time are strong hands who are more than willing to buy up whatever the darkside wants to try to throw down.

Let the show begin...we're getting closer and closer...and it's hard for me to believe that what we've got is anything but FDN II...and maybe in spades...jedi jt

$^))
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