An emoticon suspecting something fishy or suspicious. The two 'e's are meant to be squinted eyes and the dash (-) a mouth. Often used when texting or talking to someone online.
Person #1: psh i didnt do that why would you accuse me of that? :c
Person #2: Alright... I'm keeping my eyes on you e-e
Education and Ejaculation. Meaning to go to school and get your education while also meeting new people to fuck.
Nick: all of my hard work trying to learn how to satisfy women has been a waste!!
Monica: Not completely, but what you really need is to go to college for some E & E
Nick: Yeah I could probably use that right about now.