Litecoin was up around 1LTC/0.001BTC a week or so ago, now it's 1LTC/0.000758BTC and still falling. Why?
litecoin became gpuminable to the masses, of cause after some guys made sure they got their profit before they "leaked" the gpuminer to the community.
get a feeling of ltc price development there:
http://marketscry.info/?s=ltcbtc&t=0