RE:RE:warrant 'in the money' what does that meanBeing "in the money" means that the share price is above the warrant exercise price. In this case the latest share price is $4.50, which is well above the Exercise price of $3.25. With BABY.WT at $1.50 the warrant is relatively cheap. People buy the warrant as it gives more potential % gain than buying the shares, bearing in mind that they have a limited life of 2 years, with all the risk that involves.