Wednesday, June 13, 2012
Irate GM Shareholders Say They Aren’t Seeing Any Return on Their Investment .....
And they are surprised why?.....
“I received common shares paying absolutely no dividends at $32/share and they have since deteriorated,” Richard Wills, a GM investor who’s frustrated with the lack of return on his investment, said at GM’s annual meeting.
“Now you have made billions of dollars. We are putting money into plants; we are funding the pension fund, this is all very good but I frankly doubt that I will ever buy another GM product,” he added.
This pretty much sums up the mood among many GM shareholders
“I received common shares paying absolutely no dividends at $32/share and they have since deteriorated,” Richard Wills, a GM investor who’s frustrated with the lack of return on his investment, said at GM’s annual meeting.
“Now you have made billions of dollars. We are putting money into plants; we are funding the pension fund, this is all very good but I frankly doubt that I will ever buy another GM product,” he added.
This pretty much sums up the mood among many GM shareholders
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