For The Earch Corporation(PINK:FTEC) might be in for an intense session today. All the catalysts are in place. Yet, it is still labeled as “pink sheet limited information”, still heavily manipulated by stock promotions, still to show a balance sheet that inspires confidence, instead of controversy. Anything is possible, exept for one thing – stability. 
Actually, stability is not what most interested parties might be looking for. Short bursts, perhaps. Yesterday, the ground was set for exactly that – a trading frenzy. FTEC announced that it plans to expand its product line. This was at the end of the day, which means the effect on the market is yet to be seen. As usual, promoters also joined to boost what is coming today. Well, they were paid to do so. [BANNER]
The situation at hand – a little over 100k shares exchanging hands yesterday, the session closing at $0.14 per share. A company, which recently came to life, in terms of stock performance. Prior to the end of April, there would hardly be any trading activity. After that – announcement and promotions teamed up for a constant flow of sharp jumps and slumps. In the meantime, the first quarterly statements came out. It somehow runs counter to the points in the promotions, yet this is what promoters count on after all. If they were sure that readers would take a close look at the balance sheets, no promoter would start his promo campaign with the words “has a mission to become the industry leader“.
All in all, there is the good news and the not so good one. The good news is that there are possibilities for profits, even if based only on fast and smart investment decisions. Short-term, of course. As for stability and growth, FTEC has a long way to go. A very long way.
