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if you own this stock , you might want to read a recent Bloomberg report which talks about EC lost due to rebel attcks this year, also eviormental clean up from oil speels, there is also a report of 1 billion dollars misisng from the company http://colombiareports.com/colombia-news/news/25798-ecopetrol-directors-to-be-charged-over-missing-1b-report.html
In which the President and VP of the comapny under investigation with charges coming.....cotuption amonmg Colombia's elite runs deep which is part of the reason there is been a 50 year old rebel war raging there................this stock clearly os overvalued evenmore so with Rebal attacks up 3 fold over last year costing the compnay 1.8 mill a day and now 1 billion stolen from the company it is in crisis mode............
Recs
7 month chart base + columbian energy/oil = outperform
Recs
low PEG, strong price uptrend
Recs
Columbia is making significant economic progress, security is rapidly improving, lots of capital going into the resource sector, and this is the biggest Columbian company. Negative - nearly 90% owned by government.
Recs
I think oil price will increase. I think Ecopetrol will increase its oil production this year
Recs
Colombia economy was heating up when the world recession hit. Great play when world economy rebounds and a hedge against dollar inflation.
Recs
As of today the market cap is 708.26B which is almost DOUBLE of Exxon Mobil. Whoever is buying this stock knows something we don't know.
Recs
note that the market cap shown by yahoo or caps is wrong; google shows it as $30B.
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