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Mid Morning-Special ETFs halted edition!

Posted on Tuesday, June 17th, 2008 | In Current Market News
Contributed by: Roger Nusbaum (http://randomroger.blogspot.com) -

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.

Last 5 posts by Roger Nusbaum

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About Roger Nusbaum (http://randomroger.blogspot.com)
Roger Nusbaum is a portfolio manager with Your Source Financial of Phoenix, and the author of Random Roger's Big Picture Blog, which has been profiled in several top business publications, including Barron's and Forbes. Nusbaum has also been a financial consultant with Morgan Stanley, an investment counselor with Fisher Investments and an institutional equities and options trader with Charles Schwab. He holds a bachelor's degree in economics from San Diego State University

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