It is so overvalued. Look at RIG trading at p/e of 6. MLP my A$$. It is a scam. A Ponzi Scheme. EPS are non existent and p/e is over 500. I hate this stock and will short it soon to doom all longs. hahah hahah hahahahahaha
I'm not really worried about increased volatility. I view irrational selling as the opportunity to add to my positions if I like the company's fundamentals. The saying that the market can be wrong longer than you can stay solvent doesn't really apply when you are being paid to wait. I do worry about a bubble pricing me out of some MLPs, however.