I think you are mostly right. However, nothing here and Seeking Attention (with little or no capital) is discussing the prospect of one of SXCP's customers going bankrupt - which to my knowledge means contracts can be terminated. Economically that would seem a ways off. My guess is there is mostly fear rather than speculation of the association with steel, coal, and limited partnership status. This is a great moment for those who can think for themselves amongst the insecure.