playing recoup from the yard

[Juggernaut GO]

in a yawgmoths will turn, can you play recoup from the yard, and have it target itself?

I suppose the question is, when recoup is played, is it considered in the graveyard or is it put onto the stack?

[Jacob Orlove]

The first thing you do when announcing a card, well before choosing targets, is putting it on the stack. So, no.

[zeus-online]

When would you ever do that anyway?

/Zeus

[Roxas]

Perhaps he wanted to play Recoup to build up storm, but there were no other legal targets in the graveyard. 

[ashiXIII]

Mindslaver is a likely reason as well.