Ouch... sorry to hear.

I do feel that LTC is somehow pegged to BTC at 0.022, perhaps a little too solidly.  The value should be higher IMO  .

But then... at this price it is still not unprofitable for me to mine. I pay ~$0.16 (~£0.10)  per kWh. I use 2.7kWh per hour and make 0.57 LTC per hour. At $3 each I am still making ~$1.12/hr. (6 days of this and one of my 6950s pays for itself)

There are people paying less per kWh.

So, for some it is not cheaper to buy instead of mine just yet.