To embark on what appears to be a dead cert but turns out to be horribly and desperately disappointing and humiliates you in front of your friends.
"You wouldn't believe it, Christian did a complete pearcey last week. He took a young swedish girl to St Tropez for a week and spent €40,000 and didn't even get his fingers wet or his cock felt! Loser!"
by Tonto September 16, 2004
by Jekka Jackenson February 16, 2009