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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 guidon Sep 20, 2010 1:00pm
451 Views
Post# 17469382

RE: promising start to the day then

RE: promising start to the day then"we see some selling and were in the red. I don't wanna sound pessimistic here but is it possible that the only reason that were at .19 and not .15 is because they want the SP higher then .15 to make the PP look enticing ? "

Anyone who seriously believes this kind of "Market Control" is possible... I ask you this:

Why would you even put your money near a market that is so controlled, rigged, manipulated, etc.

You've already lost, before you even laid your money down; I'll never understand the logic behind these types of arguments/questions.

You think the market is rigged... yet you play in it anyway?  Isn't that a bit like staring down the barrel of a gun that you are certain is loaded; just to make sure?

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