There is a NEGATIVE balance on shares available to short right now. More fuel for this fire.
Madoff still has shares available for shorting....those of you wishing to short contact him.
what is a "negative balance"..and what does that mean?
I take that it means not only are there no more shares available to short, but that there a ton of people with naked shorts. So, a true short squeeze would send AIG flying much higher. I don't think we've seen anywhere near a true short squeeze yet.