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ITXC Corp. (ITXC) Message Board

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  • runlong_1999 runlong_1999 Oct 25, 1999 8:26 AM Flag


    In response to my saying that ITXC has not had a
    runup, you said "This thing hasn't stopped running since
    it came out of the box. For me close to 100% in just
    three weeks. Running just fine, thank you."

    you take away the first 2-3 days of trading (always
    fairly volatile for an internet IPO) which saw both
    ITXC's low of $18+ and its high of $44, ITXC has traded
    in a very tight range of $30 to $35 almost the whole
    time. It only recently broke above $35. I do not
    consider that a runup by any definition, although what I
    really meant was that it was not one of those internet
    IPO's that is trading in the $60 to $100 range, triple+
    its original offering price.

    For you to have
    made almost 100% on ITXC so far, as you said you have,
    you obviously got in at the very bottom on those
    first two days of trading. For that I congratulate you.
    I am quite pleased with the stock too and I only
    got in at the low $30's.

    In any event, I think
    all ITXC longs will have more to cheer about this
    week. Let's hope we are in a situation to debate in the
    near future just how great ITXC's runup has been.