"Some of those companies will go bright like an incandescent light bulb just about to fail, (spending money like there is no tomorrow), and then disappear from sight. Having said that, we expect Valence Technology to be a survivor. "
You seem to think that writers for Seeking Alpha work for them and share the same "water cooler." It is simply a blog that publishes articles from many different authors.
Personally, I think Peterson has a way better sense of the longer-term prospects of lithium ion, but I don't have much to quibble about with this article. Even factoring in the author's optimistic 25% annual growth estimate, he thinks the stock's fair value is around $1.20 and recommends waiting for a "significant pullback" before buying. In other words, he thinks the money to be made is between a price significantly lower than the current price and $1.20.