Are you asking about when warrants become "IN THE MONEY"? Let's use PRE since you asked, If the strike price is $11.50 (sort of standard) and the common is at $13.70 that would make the warrant "technically" worth $2.20 cents - but I never want to exercise a warrant because then I would have to pay the $11.50 and a warrant for a common share. I WANT TO SELL PROFITABLE WARRANTS FOR PROFITS.
With that said, my own value is 10% of common share so in this case $1.37 but it is nowhere near even 10% of 10% but I'm up 126% as we stand right now. The way I play the game I have my sell order in Just In Case at $1.25 and I would be very happy with the profits I would get at that sell point. IT COSTS ME NOTHING UNTIL THEY SELL SO WHY NOT SET IT HIGH?
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