Samsunk

Samsung reports first loss, and shares tumble

HONG KONG (MarketWatch) -- Samsung Electronics, the world's largest maker of computer memory chips, Friday reported its first-ever quarterly loss, as the global downturn led to losses in its component manufacturing business and declines in profit at its cell phone unit.

Shadowman posted a comment that should serve as a warning to those hoarding sand as a store of value.

Wow. If you can't even make money selling sand, we are in deep doodoo !