Wikinvest Wire

Tuesday, June 17, 2008

Mid Morning-Special ETFs halted edition!

A reader commented that iShares Brazil (EWZ) was halted, I called iShares and was told iShares Taiwan and (EWT) and iShares Mexico (EWW) are also halted and iShares does not know why.

News pending is the normal reason to halt a stock but I've never heard of this for an ETF.

That three of them (will there be more?) are halted implies a computer glitch somewhere but if iShares doesn't know why then who else would?

Maybe it is the smoke monster from Lost causing problems?

UPDATE UPDATE UPDATE

It was not iShares Mexico that is halted but iShares Malaysia which has ticker EWM so I think the rep I spoke to just mixed up the symbols.

Malaysia makes a lot more sense because it is closer to the island.

6 comments:

Roy said...

I couldn't stick-it-out on that "Lost" show. So it was a smoke monster, eh? LOL!

Andrew said...

11:45 EWZ, EWT, IXC, IXJ resume trading

Larry Nusbaum said...

Maybe they are being bought by Great American Communications or PollyPeck, Int......:)

mastertrader said...

The NAV (cash contract) got screwed up on the open for these three. I dont know what it was quoted for the other three (I dont even know who the other two ETFs were for sure), but the EWZ NAV was quoted at $109.00 while the EWZ was at 93 and change. So they haulted to fix the prob... whatever it was.

Roger Nusbaum said...

thank you MT

carlo said...

Good Job! :)

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