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Wait, shit 

What people said after realizing that Obama was the new president.
Yea! Mccain lost! Obama won! wooo hoooo!.....Wait, shit
Wait, shit by HornyFirecracker August 1, 2009

Wait, shit. 

You have just had an argument, or told a lie, and its very close to coming back to haunt you. This is the moment when you want to reply, but realise its too late.

This phrase can often follow:
*A stammering of non-linked words
*An "Oh no I mean"
*A deep breath
*It can also be said as the person is allready leaving/gone.
"Does my butt look big in this?"

"Your butt always looks big... oh no I mean, wait, shit."
Wait, shit. by fleshandblood August 7, 2009

oh shit OH GOD FUCK NO WAIT FUCK GOD NO AHH 

(four girls in a bikini with big tits walks into Rob's house and he is pure and loves god)

Rob: oh shit OH GOD FUCK NO WAIT FUCK GOD NO AHH HELP IM GONNA GET FUCKING RAPED HELP FUCK NO PLEASE HELP NO, NO, NOOO- (Rob breaks out of his bedroom's window and escapes the hoeslut thot girls)