This is not a stock for traders... in and out in 30 days is not the way to play this one.
If you are a Cramer fan, you should not play in the MLP sandbox. If you are in the market for way-above-average dividends/distributions/yield on investment, and if you can stand capital risk, then MLPs are a worthy candidate. No telling how this will play out in ten or more years. I am not happy with results in the last twelve months, but I don't believe that it is time to stampede toward the exits.
Just my opinion, but there is an advisory service named Valuentum.
In the recent past, they have put out some really negative reports on the entire MLP field. It happens to coincide with severe down days for the entire MLP universe. I don't know if these guy are a mouthpiece for the shorts or if they have altruistic motives. In either case, the correlation is there. Maybe there is a causal effect here?
I am as worried as anyone else. These are supposed to be low volatility investments - relatively safe (as far as stocks can be, anyway.)
I've been in MLP's for over twenty years... have not seen this before. Worried - but still holding my positions.