RE: RE: RE: RE: Dividend 2011 verso 2010.I got about 5000 shares shorting from $2.80 (since the downgrade coming out) to the latest one on last thursday at $2.18.
I can not do it anymore because my TD Waterhouse rate YLO at a very high risk with zero margin and they stop all the shorting action on this stock.
I believe the stock got no value because of their business model and high debt ratio incur through all the loss from buying and selling AutoTrader group and other venture as well. I truly believe that they will either drop at least 80% of the current distribution or completely cut-off distribution on next financial report on thursday. I will be a buyer only when it is dropping below $1.0.
I think it is wrong to ban shorting on the stock because it is NOT healthy to prop up the stock with one sided trading. If you know any brokers still allow the shorting on YLO please let me know. The gap on PUT on YLO options is too wide, no profit to make there and very low volume so it is NOT worthy to chase it.
I think you have to be carefully to pump this POS because a lot of MOM and POP trying to chase a fat monthly distribution and got burn on the share price.
How are you making money when the high number of residences kept calling in and please do NOT drop an useless yellow book on their front porches?
That is just my opinion. Please do your own DD prior to buy this stock.