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1.
The lack of any supporting evidence of a statement.
Modern crude adaptation of the phrase "crying wolf".
Coined by a police officer in Trailer Park Boys

Season 4 Episode 1 Never Cry Shitwolf.
You should never cry shitwolf." or "You can't believe Johnny because hes always crying shitwolf.
by sonofaglitch September 18, 2010
 
2.
a guy/girl who originally comes off as awesome then reveals the true unrelenting over persistant asshole nature of who they really are.
I thought he was nice but then he suggested having a threesome... What a shit wolf!!

Michelle: I'm lazy

James: it's okay you can lie down and i'll do all the work
Michelle: OMG your such shit wolf.
by mr_wakatanashi October 20, 2009