There is zero truth to your assertion. I know who did the cross and they have no relationship to Stonecap who made the recommendation and besides who in their right minds would put out a recommendation with the intention of a P&D and only place a $1.20 target. It's certainly true that ECU has been caught up in computer generated and traded manipulation plus probably some naked shorting mechanisms playing for pennies but let's not get carried away, everything is not a conspiracy.

Markets are computer generated worlds now but when the conditions are right they also work in ones favour. Although we may not like it nor trust it, it is the only market we have. When 75% of the trades on the NYSE are high frequency computer generated this means the world has changed and of course this effects all markets on the planet.