I'm going to go out on a limb and declare that we're in a biotech bubble. I have no idea if the bubble is in its early stages or if we're about to pop tomorrow.
http://www.fool.com/investing/general/2013/09/30/preparing-for-the-end-of-the-biotech-bubble.aspx
http://www.fool.com/investing/general/2013/09/30/preparing-for-the-end-of-the-biotech-bubble.aspx
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