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2.
A loud, obnoxious group of over-excited college kids who spend too much time in the lobby of the dorm.
Sean- Bro I could not sleep last night.

Max- Were the Lobbits out of their Lobbit hole?

Sean- Those damn Lobbits!
by MaxLaz January 13, 2013
 
1.
Splitting up your four fingers to shape a 'V' and moving the hand and fingers in and out of the anus and pussy in a rapid motion. Comes from Lobster, like with two pincers.
Similar to "Shock It", but with two fingers in both holes of the lower femal torso.
by surfkai September 09, 2004