PGA Championship MORIKAWA, COVID 19 and HELIUS MEDICAL

Remember that Collin Morikawa was one of my picks, and I am sure many of you were not shocked when this 23 year old super-talent won the first golf major in over 1 year. How did he emerge from the pack after 7 players were tied for the lead at one point?

I think Collin’s chip in on #14 after a very poor wedge shot vaulted his confidence that made the miraculous tee shot to 8 feet on the par 4 16th hole more doable in that situation. He was unflappable once in the lead, and is a great champion to be added to the list of past PGA Champions.

Did Collins previous experience at TPC Harding Park while at Cal help him to victory? I say not much, as he did. When you normally play Harding Park the fairways are wider, and the greens way slower making the breaks a lot different than during the PGA. I think the only possible edge would be the familiarity to his eye.

But certainly nothing can emulate the pressure that comes with leading a major down the stretch. So when will Collin win his next major? I say VERY soon, as he is loaded for bear, and hungry for more. He is almost a mini Tiger in that he has the belief that he can beat anyone in the world, and after the missed 3 foot putt in a recent sudden death playoff, followed with a made 30 foot putt in sudden death playoff against Justin Thomas, this kid has had everything thrown his way. He is ready and poised to be the next big super-star in golf, and he already is just that.

He is down to earth, and our friend JJ from Nor Cal is on his bag providing Collin with his expertise as a top caliber caddie on tour after over a decade with Ryan Moore. Anyone that knows Collin has nothing but respect and admiration for his dedication, talent and strong drive to be the best. This kid could have turned pro anytime after his year after year selection as an All America. Yet he stayed his 4 years and got a degree in business.

Golf is in very good hands with all the young talent that we are seeing on tour, but what has happened to Rory? Has his personal life and marriage made him soft and less hungry? Has his talent peaked and its now on the early decline. I love this guy and love it even more when he is in the hunt. My hope is Rory can win at least one Masters and claim the golf slam winning all 4 majors which is this day and age is almost impossible to accomplish. Perhaps Collin one day will achieve this, but with the stacked fields that compete week to week, its gotten tougher and tougher to win on the biggest and most talented tour in the world.

I try to stay in my lane and not write about anything but golf related topics. Occasionally I stray out of my lane and give you snippets of other stuff. By no means am I a good writer or even that knowledgable enough about anything to be writing about it. But occasionally I will find something I believe in, and want to share with you. So here it goes- COVID 19 has affected us all in many ways, and perhaps we will never live like before again. No one really knows how this will all play out, but I thought this information from the effervescent DC was worth sharing. I hope you check this out:

Researchers Develop Nasal Spray That Could Slow The Spread Of COVID-19

By Bill Galluccio

August 13, 2020

Check out the link to a very good news video on this topic

https://abc7news.com/video/embed/?pid=6367948

Researchers from the University of California, San Francisco, believe they have developed a game-changing new treatment in the fight against COVID-19. The team analyzed more than two billion nanobodies and found 21 that had the potential to stop the coronavirus from spreading.

Nanobodies were discovered in the blood of llamas, camel, and alpacas and are much smaller and less complex than human antibodies. They are also more stable and easier to mass-produce than human antibodies. The researchers were able to alter the nanobodies to target the coronavirus cells and prevent them from latching on to lung cells and multiplying.

The new nanobodies, named “AeroNabs,” were synthesized into an aerosol form, which can be delivered in a nebulizer.

Based on their initial tests, they found the AeroNabs were more effective at stopping the coronavirus than personal protective equipment. 

“They put two resulting modified nanobodies together, and it was so effective that it exceeded our ability to measure its potency,” AeroNabs co-inventor Peter Walter said.

The researchers are hopeful the new treatment will prove effective when they begin human trials.

“We’re not alone in thinking that AeroNabs are a remarkable technology,” Dr. Aashish Manglik, an assistant professor of pharmaceutical chemistry, said. “Our team is in ongoing discussions with potential commercial partners who are interested in manufacturing and distributing AeroNabs, and we hope to commence human trials soon. If AeroNabs prove as effective as we anticipate, they may help reshape the course of the pandemic worldwide.”

If the nanobodies prove to be effective at stopping the coronavirus from spreading, they could provide an inexpensive option to protect people until a vaccine is approved. They also believe the nanobodies could be used in air-conditioning filters, which would help stop the coronavirus from recirculating in indoor spaces like schools, restaurants, and shopping malls.

They did not say when the new treatment will be available.

HELIUS MEDICAL TECHNOLOGIES UPDATE

Yesterday the company formally announced its second quarter numbers and reported that they had successfully submitted their application to the FDA for the PoNS device with application to gait deficit for MS. If and when the FDA provides HSDT with clearance, which could take up to 150 days, I don’t expect the stock price to move much. The company did indicate that a published article on this technology could be published in the coming months. Although this information would solidify the importance of this technology to perhaps help all people with any type of neurological deficit, I don’t expect it to move the stock price much.

Until the management of HSDT demonstrated that they can successfully commercialize the PoNS device, I do not expect any big movement in the share price. Upon clearance from the FDA there should be a small pop to $2-$3 a share but certainly not back to $5-$10 a share. There will be a massive number of shares outstanding at that time, I estimate over 70 million shares outstanding at their current rate of selling shares to support a $1,000,000 a month burn rate. The math is easy, at $0.50 a share they need to sell 2,000,000 shares a month further diluting all those that bought the shares long ago at much higher prices.

The only chance these guys have of getting their stock price back over $10 would to be first get the approval, and then successfully obtain widely accepted reimbursement from the Insurance providers, and gain significant acceptance from the medical community. That will not be easy, but if the device is as good as advertised, then yes we have a shot of $10 or perhaps even $100 a share.

But for me it was all or none, I chose to put all my eggs into this basket, my other option was investing in Apple below $100 a share. Perhaps the putting woes have something to do with these life decisions.Despite these blunders, I still try to live my life everyday to the fullest, and if I can help others in the process then I am even more blessed.

I have not mentioned my result in the NCGA Senior Match play because I am still reeling from it, and need to make some major adjustments to once again be competitive in these major events that I love.

I hope this finds you all in good health, happy and aware that everyday is another opportunity to tell someone that you love, that you love them. I miss my mom everyday, and wish I had told her exactly that more often. So be well my friends and thrive.

Not sure when I’ll post again, but appreciate all the great support you have given me- God Bless

One Comment on “PGA Championship MORIKAWA, COVID 19 and HELIUS MEDICAL

  1. Hello Randy: Thank you for your blog. I enjoy the golf essays and also am an Helius investor. Do you have an opinion (positive or negative) on the recent resignation of Phillip D from HSDT? Thank you for any guidance.

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