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Shrinky dick

A penis that is a fairly good size when erect, but embarrassingly small when not.
I dont like to wear speedos because I have a shrinky dick.
Shrinky dick by Jake1210 November 10, 2007

loose lips shrink dicks 

1. an expression implying that knowing to much about an activity, situation or person tends to discourage one from involving himself with it, often related to sexual encounters

see also zipless fuck

2. a truism

3. a parody of loose lips sink ships
After Elliott told Devin that Kittyboot's friend from Philly had roast beef curtains, Devin replied, "Buddy, thanks for warning me... loose lips shrink dicks."

Shrinky dick

Shrinky dick is a term used mostly by women to embarras men for having a small penis.
Guy: "Hey gurl!"

Girl: "Hey shrinky dick."