Squirrel Fishing 

To throw a nut on a string at a squirrel, then when it holds on, swiftly yanking it upwards. They don't let go.. seriously.

"Hey, wanna go for some squirrel fishing?"
"Sure thing, let me get my rod"

Squirrel Fishing by Anon April 9, 2005

Squirrel Fishing 

An action predominately engaged in by Hillbillies and Rednecks:

Step 1: Participant(s) must have a 5-gallon bucket, gun(baseball bat), and access to a water source.
Step 2: Pour 5-gallon bucket full of water down a ground squirrel hole.
Step 3: Wait for PO'd squirrel to emerge from the watery depths.
Step 4: Wacka-Mole, Shoot, Bludgeon Squirrel.

Dildo Dan the Hose Stroking Man: Hey Jim Bob Bo Peter Johnson Smith, wanna go Squirrel Fishing?
Jim Bob Bo Peter Johnson Smith: No.
Dildo Dan the Hose Stroking Man: (Gunshot)

Squirrel Fishing by Dildo Dan the Hose Strokin Man July 1, 2011