RE: The common stock of YLO isI wouldn't say that $2 is out of reach but things need to go really well for that to happen and some big players need to get behind it. I don't think shorts covering does it -- some genuine buying is needed. All this really depends on your time horizon as well. If you're here until 2014 and YLO's recovery goes well, who knows. In the next year or so, I think it realistically can make it into the $1 to $2 range. I don't know if I have the patience for the true long term, multiple year commitment and that's a big part of why I bought almost 5 times as much as I already had when it sat down @ 14 cents for several days. Because it's so cheap right now, you can drastically reduce your average price right now by putting in about as much as you already spent. There's a fair amount of risk to that because if they do bankrupt, you may end up losing twice as much. However, the timeframe to potential break-even is also quite a bit shorter (if it does start to steadily gain after next two quarters). Short of bankruptcy, I don't think it should go down that much from here.
I'm giving it a year to see how it performs and then I'll decide if I want to be a true "long" and hang around several years.