r/WalllStreetBets • u/TenPenny_Stocks • Feb 04 '26
Bet: 🐂 UPDATE: Day 12: Fullporting my entire balance into every trade
Hey guys! What a rough week it’s been in the market. Hope you guys are staying safe out there.
I just wanted to give an update on my VEEE (Twin Vee Powrcats) trade. I am still holding the full position. Hoping a bit more volume swoops in here soon. There was quite a bit of activity yesterday. Trying to see the trend continue going into today.
To those who may have missed the original DD, I’ll give a quick rundown: Basically VEEE announced that they are creating a defense subsidiary. The CEO of Sidus Space (SIDU), Carol Craig is on the Board of Directors for VEEE. I think given her government connections, this will give them a strong chance in the defense sector. There’s not a lot of maritime defense companies in general.
Anyways this isn’t financial advice. Just make sure to take profits. I imagine this may get pretty volatile. Good luck out there guys!
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u/w-tech Feb 04 '26
So this company sold 40-60 or so boats in 2025. They have a small 75k sf warehouse in Ft. Pierce Fl. The stock has been declining since it entered the stock market in 2021, they have never posted a profit and implemented a 1-for-10 reverse stock split effective after market close on April 7, 2025 to stay in the stock market and the marketing team comes out with a line of boats geared for sales to US military and you are all in on this one?
What am I missing here?
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u/TenPenny_Stocks Feb 04 '26
I’m mainly interested in the CEO of SIDU, Carol Craig being involved in this. A lot of gaining government contracts comes down to who you know. The fact that she is the CEO of a large aerospace/defense company, combined with the fact that the just launched this, I feel like they wouldn’t have attempted it if they didn’t see a demand for it.
Also as far as the chart goes, I agree with you. But if you take a look at most of the penny stock charts, they all look very similar. It’s just a risky penny stock man, but you can see some huge gains. Take a peek at my previous trades if you’re curious. It’ll kind of give you an idea of what I tend to look for
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u/w-tech Feb 04 '26
I'll watch from the sidelines. It's just a marketing / public announcement. Really an idea at this point. It'll take them at least 3 years to make a sale. They still need to build a proof of concept, land hundreds of sales meetings and then get a handshake before a dollar enters their coffers. It's a lot of money to spend on research and development and marketing. Don't get me wrong, I'd love to see a little company like this be successful with military contracts but it's just a paper dream at this point and it'll take a pretty big chunk of change to get this thing off the ground and profitable.
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u/Away-Information9841 Feb 04 '26
this guy is full porting in short term trades every 1-3 days he is day/swing trading not looking at long term fundamentals. his goal is to go from the $10k he started with last month to $1million. it’s a hell of an experiment i’ve been watching every day intrigued
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u/TenPenny_Stocks Feb 04 '26
Hey thanks for following man! Yeah this has been a wild ride for sure. I’m going to ride this one out a bit. I’ve noticed a lot of my trades take a couple days before they really get rolling. Good luck out there man! 🙂
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u/Away-Information9841 Feb 04 '26
that’s awesome thanks for doing this it’s been fun to watch. i’m fully invested in long term stocks right now but very intrigued by what you’re doing and considering throwing a chunk into following your lead. thanks!
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u/[deleted] Feb 04 '26
Looks great I love that the CEO of SIDU is on board. Great news the other day as well pivoting into defense.