Honestly, with the way the market is starting to fall apart and looking at the chart, I would say perhaps $4 as a short term target for XTXI. But I would then see it heading back up to the range you mentioned by early 2011 when a distribution is near. In other words there might be a good buying opportunity in the next few months. But if there is, there will be in many other stocks too, so the hard part will be deciding what to buy and how much powder to keep dry for even lower prices.
The market goes up and the market goes down. If you are a investor you should understand this. Every time the market goes down for a week or so, people start screaming the sky is falling. Well it isn't, it is just the market readjusting nothing more nothing else.
That actually might be very possible and I could see that happening. It will be interesting to watch it play out. As you said, good time to make sure you have plenty of cash to buy when the buying is good.