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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 djgton Dec 24, 2010 12:11pm
269 Views
Post# 17893447

RE: RE: Trading....uurrggghhhh!!!

RE: RE: Trading....uurrggghhhh!!!donny,
Sorry, I didn't mean to insinuate that I was or wanted to day trade this stock. It would be nice to execute a swing/momentum trade though to build an even bigger position. This stock certainly has a run and sell pattern to it.

I too recognzie the speculative upside of the story; hence my holding for almost a year now! I also agree that 2011 should present a very compelling opportunity to see appreciation of multiple-levels from here.

EC is a Top 5 2011 pick for me and my newsletter.

www.weberswebnewsletter.com


Cheers,
djgt
aka Chris Webe
Bullboard Posts