My mistake. My initial intent was that, although the article is negative, it was the market condition that impacted VLNC and nothing else (as quoted in the article: "Most of us know that money managers, analysts and investors tend to follow the herd without asking whether the herd's behavior is rational").
However, after looking at some overlays of other companies (xide, aone, abat, axpw, etc) it becomes clear that market conditions are not the only variables affecting Valence's performance, and the article you mentioned does appear to be the most likely viable explanation. My apologies.
The article means nothing as this joker and his investment strategy have become increasingly irrelevant. Inhale....Exhale....This company is in the best shape it's ever been in and will start to turn a profit in the next qrt or two. SP will break 2 with the next run. Buy it while it's cheap.