Ok this is Before Its News

Phobos was launched on 9 November 2011 at 02:16 local time (8 November 2011, 20:16 UTC) from the Baikonur Cosmodrome, but subsequent rocket burns intended to set the craft on a course for Mars failed, leaving it stranded in low Earth orbit. The Russian news agency RIA Novosti reported on 24 November 2011 that the mission had been pronounced a failure because the spacecraft could no longer be sent to Mars, the final opportunity to do so having passed on 21 November. As of 2 December 2011, Russian scientists were still trying to recover the spacecraft. If telemetry can be received from Phobos-Grunt before it falls back to Earth, this could help identify the cause of the failure and help avoid repetition. It was reported on December 6 that pieces of the spacecraft had begun breaking off and re-entering the atmosphere with the rest of it expected to follow in early to mid January. The European Space Agency has stopped attempting to communicate with the vehicle, with one analyst noting that the mission “appears dead in the water”.

It does seem to regain altitude, from time to time, and loses altitude at a rate of 1 mile per min.

OH And By The Way

Phobos has a TOXIC PAYLOAD

Roughly 7.5 metric tonnes of highly toxic hydrazine and nitrogen tetroxide are on board, according to the head of Roscosmos. It is mostly fuel for the spacecraft’s upper stage. These compounds, with melting points of 2 °C and -11.2 °C, are normally kept in liquid form; if the probe is not rescued but they remain liquid they are expected to burn out during reentry. NASA veteran James Oberg said the hydrazine and nitrogen tetroxide “could freeze before ultimately entering”. If Fobos-Grunt is not salvaged, it may be the most dangerous object to fall from orbit. However, the head of Roscomos says the probability of parts reaching the Earth is “highly unlikely”, and that spacecraft would be destroyed during re-entry. Then after that…we will hunt moose and squirrel.

^{You can watch the real time tracking}

http://www.n2yo.com/?s=37872

Or go to

http://www.mrcometwatch.com/

and to the right of the screen under space click on Phobos Grunt