new price 2.7 LTC per 100 WDC
That's only just over 9cents per coin. I think WDC is worth more than that even at this very early stage.
Miners must be desperate.
I usually trade some coins each day, not through desperation, but to simply offset the amount of LTC I can mine each day. For example, say I normally can mine 15 LTC/day, I sell off enough WDC to equal the 15 LTC I would get from mining and still end up with a surplus of WDC each day. Sure, I may be losing out on some potential future profits if WDC really takes off, but I am also covering my risks if it doesn't. Either way, I am still making more profit than simply by mining LTC.
