This yarn most certainly is not worth $10.99/skein, and that's what I paid at a retail store, too. Yes, it's about 5 different yarns in one. The pieces of interesting yarn (glitter) are very short. All pieces are either KNOTTED together (that's really hard to believe for $10.99/skein, but true) or spliced in a very crude fashion. The ends stick out everywhere. Not a good product unless the manufacturer can find a smoother way of connecting the different yarns.