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Jim Cramer's Stop Trading! Bad Read

He urges dissidents to give up trying to change the New York Times.

Dissident investors trying to force change at

New York Times Co.


will fail because of the company's capital structure, Jim Cramer said on


"Stop Trading!" segment Wednesday.

"When you have dual classes of stocks, you can forget about it," Cramer said, referring to separate, supervoting shares owned by the family that controls the Times. "My advice to dissidents: Sell your stock."

Cramer praised



, which he said could be a beneficiary of store closings at rival

Movie Gallery


. Cramer also said the company is "moving very aggressively to be a




"This one's done going down," Cramer said, adding that the stock reminds him of

Barnes & Noble


when it was making its trough.

Cramer contrasted quarterly reports at




Wells Fargo


, saying the latter continues to harvest big revenue from its consumer division, while Citigroup flails.

Cramer said Citi's management ranks are dominated by legal minds. "They ought to get a banker in there," he said. "I would steal someone from Wells."

Lastly, Cramer predicted



will go to $100 after investors digest a conference call transcript that suggests its hydraulic business is bouncing back.

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

Jim Cramer is a director and co-founder of He contributes daily market commentary for's sites and serves as an adviser to the company's CEO. Outside contributing columnists for and, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for

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