LME stands for the three stages of
masturbation. The 1st stage which is L, stands for Lubricate. The 2nd stage M, for
Masturbate and the Final stage E, for
Ejaculate.
Bob: Hey Johnny. What you up to tonight bro?
Johnny:
Nothing much
man. I'm just gonna stay home and LME.
Bob: Legalize Marijuana Exchange?
Johnny: No silly. I'm gonna LUBRICATE my penis. Then i'll log on to Spankwire and MASTURBATE. When i feel i'm about to
cum, i'll EJACULATE.