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1.
1) A terrible story that has no point and isn't funny. Usually after telling the story, the story teller has to tell another story to explain the first story.

2) A story that is meant to to be funny or have a point, but after telling it, both the story teller and the people listening to the story feel dumber and don't understand the story
Dude, that was just a Max Story
by M1234567890 January 24, 2011