That means that it has been naked shorted and excessive Failures To Deliver (FTDs) have been unsettled for a minimum of 13 days as of that date.
The sellers of those FTDs have no Put options to play with so they cannot blame it on the options market maker. They simply are flooding the market with these FTDs and obliterating the demand curve because they can.
The report that came out today dishonestly leads the reader to believe that a major stockholder is a convicted felon. That shows the absurdity they will go to to kill this company.
This ain't the naked shorters' first rodeo. They have billion$ to take down upstarts like BIDZ with and, with the SEC in the shorters' pocket, BIDZ doesn't have a snowball's chance in h_ll of doing anything about it. Big Short made 50% on their sale of non existent shares today. It will get worse.
It will be painful to watch but the game is over for BIDZ. It is just a matter of time.