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1.
In prison, a cheap little punk.

Also in prison, a catamite.
Eduardo is going to cut that little gunsel.
by Cap'n Bullmoose April 21, 2005
 
2.
An ancient term used in the 30's, but coming back in vouge on the west coast, meaning a little man carrying a gun - similar to flunky or a member of a posse.
"Why you cheap little gunsel, he sent you to do his dirty work."
by Dick Weed March 07, 2005