I can understand why you might be hesitant given the market's condition. However, one look at NXTM chart and the asking price ( as you can see the asking price and target price almost continualy moved up))sold me back at $11. yes, its' had down days but, that chart keeps moving up on a 45 degree angle. I should be so lucky to find another stock chart like this at a price around $15. Now after all said and done I'm not suggesting run out and jump in. This you'll have to decide. I'm just giving you one persons view. The market giveth and take away in a heart beat as you probably well know. Good hunting.
Finally got my beak wet at $18.60. Am long 5k!! Have been on a roll as my ZGEN & CRXL were recently bought out!! You might want to take a look at IPXL! Its one of the top generic companies, and the best part they have $350 million in cash on their books!! Chartwise it acts as if it wants to run through $20!! Good luck!!
IPXL looks interesting, forming right side off of base, 2010 Q1 looks real good, 2010 Q2 dropped off like a rock ( unless I'm reading it wrong)$22 seems to be it biggest resistance. All and all it bears watching. Like the field there in. Also reviewing Aruba Network (ARUN). Past earings look real good. At present RS 98% ROE a respectable 21%, $0 debt. Chartwise it appears to be quietly moving on a 45 degree angle. Just some food for thought. In IBD B10 listing Monday edition. Not sure how to take stocks in IBD.....sometimes its' like te kiss of death when I see them listed. OWell, I can only deal with facts in front of me....tomorrow is another day.