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An acronym for Laughing So Hard That I Soiled Myself. Is becoming wildly popular and will soon replace lol.
Funny Man: A lobster walks into a bar carrying a popsicle. The bartender eats the popsicle. The lobster goes "That's no popsicle, that's my wallet."
Guy who now needs a new pair of pants: lshtism
lshtism by soupnazi710 August 29, 2005
Related Words

LSHITISIAASSMITH 

A commonly used acronym such as LOL or ROFL. Stands for Laughing So Hard I Turn Into Steve Irwin And A Stingray Stabs Me In The Heart
After being told a funny joke:

"DUDE! HAHA, LSHITISIAASSMITH"