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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 20, 2010 12:17pm
401 Views
Post# 16906273

RE: RE: RE: RE: RE: "No news until assays are back

RE: RE: RE: RE: RE: "No news until assays are backThe stock looks like the pros are going to test the 60's again next week before they can get an NR out to save this dumping

A lot of posters calling for a drop that hasn't happened since the big one.  Maybe...maybe not...but either way is good for me.   My preferences are

#1...news of FDN-like assay results my end of March...$2+ in a flash...Score: A+

#2...no news until end of month...takedown into the 60s...I buy more...Score: A-

#3...news out on first three holes...market not impressed...takedown into the ?50s...I buy a LOT more...Score: B

I actually find all three scenarios acceptable for now as I have no doubt (though obviously that's no assurance that I'm right) that we are sitting on FDN II and that in the end this is going to make me and all share-loaded longs rich...IMO...jt

$^)

Disclaimer--(credits to chkrzr)

Not that this is anything anybody doesnt know.... This is just another useless post as we are all bored and awaiting results.

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