China Shen Zhou CEO Resigns; Likely Fraud (SHZ)

Shares of China Shen Zhou Mining & Resources SHZ, a company that many have whispered is likely a fraud, are plunging right now after the CEO resigned. At last check, SHZ was down 6.79% at $3.43.

This stock traded as high as $10.00 in January on the back of the hype about rare earth minerals.