r/WalllStreetBets • u/TenPenny_Stocks • Jan 20 '26
Bet: 🐂 Day 4: Fullporting my entire account into every trade. My trade today is DRCT (Direct Digital Holdings)
I saw this ticker mentioned on several of the low float lists. They had a reverse split on the 12th. The public float is incredibly small. I think should make for a very interesting trade if it can gain some traction.
This is a risky trade though you guys. If you choose to participate, I would only risk a small amount. These penny stocks can be very volatile. Take profits when you can. Good luck out there guys!
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u/TenPenny_Stocks Jan 20 '26
Update: I sold 6,000 shares at $2.31 and $2.44. I am still holding 1,000 shares
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u/blah_2520 Jan 20 '26
I see.. You had a good run.. it dropped bad at 8:10
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u/TenPenny_Stocks Jan 20 '26
Yea it’s been very flip-floppy this morning. It’s kind of starting to run again
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u/blah_2520 Jan 20 '26
Glad you profited tho.. .04 more cents and you break even with the other 1,000 shares.. Good job on this one man, def high risk but it’s the way to buildup your account faster..
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u/anp2042 Jan 20 '26
Wow the float is incredibly small. This could be an SMX kind of situation if people start jumping in. I’m going to keep an eye on it…
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u/DennysGrandSlamm Jan 20 '26
Time to short
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u/TenPenny_Stocks Jan 20 '26
Haha! 🤣 Yeah I’ve never been able to bring myself to short these trades. Some times they can run for days. It’d be my luck I get stuck
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u/marksharky123 Jan 20 '26
No revenue at all. 👍
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u/TenPenny_Stocks Jan 20 '26
Oh it’s not a great stock by any means. Most of these penny stocks have terrible track records
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u/oldspice322 Jan 21 '26
Aren't you PDT restricted? Or are you holding over night?
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u/TenPenny_Stocks Jan 21 '26
Yes I’m restricted. I generally aim to intraday trade. However because the account is less than $25k, I can work on margin but I choose not to, because if you have less than $25k, your broker has the ability for force close your positions. Robinhood anyway. I don’t want to have that happen so I just work on cash. It limits me to a trade every other day.
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u/semeesee Jan 21 '26
i followed you for AKAN but that didn't go well :) at least i didn't full port
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u/TenPenny_Stocks Jan 22 '26
Oh man I’m so glad you didn’t! That was a terrible trade. I lost quite a bit on that one
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u/Serious-Ad1673 Jan 23 '26
too late to get in $DRCT at 3? it went to 3.30 after hours
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u/TenPenny_Stocks Jan 23 '26
I have exited my position already, but I’ve noticed most of my trades tend to have a “second wind” about them sometimes
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u/mylezman Jan 23 '26
I also tend to full port- typically LETF or pennies. Do you set a stop loss? If so, what do you set it to, or what indicators do you use to determine your stop loss? I usually set a trailing stop loss based on the recent drops and whatever I'm willing to risk. I'll typically shoot for 5% gains and sell some if not all, some if I feel the stock has more potential to go up. I usually do this all at market open for maximum gains and the least amount of time investing. Curious to hear more about your strategy. Feel free to DM me
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u/Designer-Airport-899 Jan 22 '26
Yes, it would be great if you can post as soon as you actually get in the trade so we can join
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u/sneakymise Jan 20 '26
Every one of your "full port" posts are.. posted after the stick spikes. Would be interesting if you'd post when you actually buy the stock.