According to information received by the FMA, the shares of AmeriMark Group AG(ISIN : CH0454224574, ticker abbreviation: CARS) are being recommended intensively with “Buy” recommendations in market letters or e-mails. Increases in price of over 400 % are being reported.
The FMA advises all investors to check the details stated in such recommendations to buy the stock very carefully using other sources. This particularly applies in the case where investors are being given particularly strongly worded recommendations to buy the stocks, with the profits spoken of being extremely high and/or where investors are being placed under time pressure to do so.
Frequently, the sole purpose of such market letters or e-mails are to push investors towards buying certain shares, so that the sender of the letter or mail is able to profit from the price of these shares increasing.
The company’s shares are listed on the Wiener Börse AG in Austria, in the Vienna MTF , in the direct market market segment.