Is David Einhorn Short Amazon (AMZN)?

Traders are asking if Greenlight Capital's David Einhorn is short Amazon.com (NASDAQ: AMZN) after the hedge fund manager referenced the Internet giant's recent shortfall in commentary about his "bubble basket" stocks.

According to the firm's Q3 letter, as shared by ValueWalk, Einhorn said, "We added to our exposure of "Bubble Basket" shorts, AMZN's recent disappointment is notable in that for years, the story has been that AMZN isn't profitable because it is growing so fast. Now growth is slowing, but rather than unleashing higher profits, the slower growth is leading to even greater losses. One of the principal bullish assumptions supporting many bubble stocks is, "the company is growing too fast to be very profitable." We think AMZN is just one of many stocks for which this narrative will ultimately prove false."

In addition to his comments on Amazon, Einhorn said he was new medium sized positions in Consol Energy (NYSE: CNX) and EMC Corp. (NYSE: EMC).

He closed short positions in lululemon athletica (NASDAQ: LULU), Under Armour (NYSE: UA), Keurig (NASDAQ: GMCR), and Joy Global (NYSE: JOY).

Shares of Amazon are down 0.9% today to $300.

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