sold NKE and 5 shares of S in order to buy ITC (holding for long term)
NKE sold at $95.41=same price of buy=loss of $4.95*2 (fees)
sold 5 shares of S at $4.95 which lowered my base to 20 shares@$3.83
Bought 5 shares of ITC@ $72.4999=base 5 shares@$73.49
Ron Baron talked about ITC this morning on Squawk Box. See his comment on CNBC:
video: Ron Baron Stock Market Undervalued http://www.cnbc.com/id/48752031