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Derived from the combination of "Shrink + Winky"

A penis that has shriveled up so much from being cold that it retreats inside the body, taking the balls with it. This makes it look like a vagina with a huge clit.
A shrinky is the ultimate state of shrivelidge.

I may have lost a few fingers from the frostbite, but at least a shrinky saved my junk!

One of the harder challenges in a man's life is trying to pee with a shrinky.

Women are never impressed with the men on "Nudes On Ice." You can't tell the difference from the shrinkies and the real women!

That girl was such a cold hearted bitch that I got a fucking shrinky.

"How cold was it last night?!"
"Pretty damn cold, I woke up with a shrinky!"

You know you are cold when you have a perry winkle shrinky.

Never have a snowball fight with a girl you plan on screwing for the first time! Her first impression of you naked is going to be with a shrinky.
Shrinky by DMonkage June 2, 2014
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When a mans penis is long and flaccid, and short and hard
Shrinky
Shrinky by Wafflehut69 September 27, 2013

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

Shrinky Dink 

The effect of cold water on the penis , whether from a lake, shower, or anywhere, making it considerably smaller
Dude look at his shrinky dink! It's tiny!
Shrinky Dink by jiujitsujack August 8, 2009

shrinky dinks 

Product for children. Sheets of shrinkable plastic that can be colored in and cut out. Most important think is that after baking in an oven they shrink few times of its original size.
I remember that I made Christmas toys with Shrinky Dinks when I was in elementary school.
shrinky dinks by Piotr Nowicki June 27, 2007

Shrinky Dink 

when you get out of the shower and your dick shrinks
I stepped out of the shower and looked down and noticed that i had a shrinky dink.
Shrinky Dink by Sammy Ferguson September 20, 2004

shrinky dink 

That time of the month for men in which they act like douches. Its symptoms are similar to that of the female period but more severe and can occur at any time of the month. Characterized by mood swings, anal retention, and an inability to find his balls.
He must be on his shrinky dink, he's acting like a biotch.
shrinky dink by JeStKa October 23, 2010