Babaoriely, Thanks for your time and thoughts on this. My average warrant cost is .575. Is my below math correct as to where the warrant might be trading if the stock hits $10? If mnkd is at $10 and my warrant conversion price is at $3.35 I would have a gain in the stock if converted of $6.65. $6.65 x 34,500 = $229,425 profit. Now where will the warrant price be trading at? Should it be roughly at $4.56? 57,500 x $4.56 = $262,200 + 34,500 x $2.40 = $82,000 = $347,800 / 34,500 = $10.08. And if correct I guess this proves your point to hold on as long as possible. Thanks again!