The Shady Panda is a rather distasteful and despicable sexual maneuver involving two men and a woman, wherein the men both ejaculate on the woman's stomach and face respectively, mimicking the coloration of a panda bear. Works better with darker skinned women.
Tom and Robby were all bragging how that gave some girl they met at a bar a Shady Panda. I think they are full of shit though.
by Nasty1932 April 06, 2009