One comment from one frustrated and disappointed General Motors shareholder at the company's annual meetingsums up how many GM investors feel.
"I received common shares paying absolutely no dividends at $32/share, and they have since deteriorated.” said Richard Wills. "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."
You can't blame Wills or other GM shareholders for being upset. Many bought the stock at or close to the $33 IPO price in 2010. Since then the stock has lost more than a third of its value.
The last year hasn't offered much relief. GM shares are down 24 percent.