Both these stocks were amazing to trade, we get stocks like this where the directional bias is up. Hope you made some decent coin on both these stocks, I dumped at the Close letting others have some profits.
I was in but bailed out before the spike. The whole lawsuit made me nervous; I didn't really understand it well enough to stay in.
Yesterday with VRX I bailed out after making a nice gain on the $25s-$27s Calls selling near the Close because you could tell it had that buy imbalance. The same with SINA, I made a few bucks on SINA and will watch it go to $70+ if the Market holds out. The Day Trader inside of me will not carry a stock like VRX over, instead I carry stocks like BGS, MEET, ADBE, ZBH, BERY and ZTS(currently holding them). Today I did short WDC because something bad is happening to that stock, its acting badly while STX is holding up greatly. We all need to watch out because August is a tough month usually. In our Stock Picker's Market I agree if you do not understand its best to stand aside, so many great stocks you do not need to mess with troubled stocks. http://www.reuters.com/article/us-valeant-investigation-idUSKCN10L2RG