Jim Cramer's Stop Trading! Buy Take-Two

"Look out above" on Take-Two Interactive (TTWO Quote), Jim Cramer said Wednesday on CNBC's "Stop Trading!" segment.

Cramer said you'll need to "hold your nose" to buy the scandal-tarnished New York-based gamemaker, which he called the "most poorly managed" company in the nation. Nonetheless, he said the stock is about to pop even beyond Wednesday's 11% rise. Cramer noted that the investor group seeking to take over the board holds 46% of the stock, and 35% of the float is sold short. That, he said, will add up to pain for the shorts and a continuing rise in the stock.

Cramer likes Ciena (CIEN Quote), saying the networking gearmaker "needs a win" like the one it's in line for with Verizon (VZ Quote). ...