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Crazy market in Colombia (and elsewhere of course)

On Friday, the NYSE-traded ADS of Ecopetrol (Ticker: EC) closed at $18 USD per share. Today it's at $22. Oil is up $3 per barrel and the market decides that's worthy of a 22% increase in market capitalization? Just one example of many to show how crazy things are right now...

By Tinto (Moderator) (Trustee board) on Oct 13, 2008, 09:39 in Friendly Talkzone.


Tinto (Moderator) (Trustee board) says on Oct 13, 2008, 09:42:

bumpity bump

I wanted access to health care, housing and education, but, no, I get potholes, trash and silicone tits instead. -Desi.

0 funny, 0 helpful.

Ken says on Oct 13, 2008, 09:59:

Canadian oil Co.stocks went up quickly from $50- $100 per barrel, but hardly any $100-$147. Now their discounted at what they were when prices were $50 going up.


Hopfully it will all settle out. China will save us, and theyll displace th US,

Cantonese is too hard.

0 funny, 0 helpful.

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