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When one yell's "Firmly grasp it" it means grab hold of yo cock before the crazy bitch cuts it off.

Also is the first rule of masturbation.
Women: Who's Bra is diss!?
(Brings out knife)
Man: Ah Shit! Time to firmly grasp it!

Young child: My friends said to "firmly grasp it."
by SirDntDropThySoap August 04, 2011
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