The act of dipping your penis in syrup, usually with waffles surrounding it.
Yo the other day I did a soggy cock and to this second girls won't get off my dick.
"Soggy cocks" is an adjective that is mainly used to describe a particularly lame experience.
Friend: Hey man, how was Eric's party last night
You: Dude it was low-key soggy cocks. We just sat around and played dungeons and dragons listening to video game soundtracks the whole time.
Friend: Ay bro, don't say I didn't warn ya.