I think in any market correction it is entirely possible that MAKO could go down into the 8's. I am long and my average cost is $11.37.
However, although I am an always skeptical shareholder, I think if MAKO hits their sales targets on RIO systems this year, the procedure growth finally makes this a viable company going forward. I also see MAKO as a legit buyout target by one of the bigger companies...especially if MAKO succeeds in their patent protection efforts againt companies like Bluebelt. And if MAKO can ever get it going in Europe that would be a total game changer.
So for me, while I am probably a Hold on this stock currently. But if it dropped to $8ish due to any market correction, I think it would represent a strong buying / trading opportunity.