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It's time to take stock of the bears' dirty dozen in the faltering subprime sector, Jim Cramer said Wednesday on


Stop Trading! segment.

Cramer said that with this week's meltdown of

New Century


-- the Irvine, Calif.-based lender to homebuyers with poor credit histories -- short-sellers and others are targeting 12 players in the subprime market.

Cramer said some of the companies are doomed and others are being unfairly lumped in, but he stressed that investors

must know who is in the shorts' targets before buying or selling any of these names.

These are the companies:

    IndyMac ( NDE)


    Friedman Billings

    Fremont General ( FMT)

    Redwood Trust

    Newcastle Investment

    American Home Mortgage ( AHM)

    Gramercy ( GKK)


    Accredited ( LEND)

    Thornburg Mortgage ( TMA)


    At the time of publication, Cramer had no position in stocks mentioned.

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