Doesn't anyone find it interesting that the stock went up soon after the warrants were issued to Morgan? I believe that this stock is being accumulated so that Morgan can cash in big on this.
Also, correct me if I'm wrong but Morgan can't convert the warrants until March 1st at the soonest. Call me a conspiracy theorist but I think we're going much higher from here so they can get richer. That's a good thing if you're long! I'm sure that Morgan doesn't want worthless warrants.
TMG price must rise significantly over the $6.60 price in order for them to make money. If it rises to say $10.00, then they make $3.40/share on 5.5 million shares, which amounts to almost $19 million. It would seem that Morgan has a strong incentive to help TMG with the MLP IPO, source acquisitions and perhaps be an underwriter. Morgan also have Canterra which may have assets that could be contributed to TMG.