look up any word, like timebomb:
 
1.
another word for cum.
A pencil is a slang word for penis.
A pencil sharpener is a slang word for vagina.
Pencil shavings is a slang word for cum.

e.g When a man and a woman have sex, the man sticks his pencil into the woman's pencil sharpener and they have sex. After a while, pencil shavings explode out of the pencil and into the pencil sharpener.
by wills0 July 27, 2009
 
2.
bad cheap/fake weed
"i was lik, wow, onli 5$?! buh later i foun out it was jus pencil shavings"
by kloo December 03, 2003