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No means yes situation 

When you tell the Loveliest woman ever to not to use her sexy voice, but you secretly never want her to stop
Hey, Lovely, Stop using that sexy voice! This is a No means Yes Situation.

Ass-essing the situation

Scanning the area and spotting out all the girls with a nice ass
Bob: look... over there i see so many nice asses
Steve: are you Ass-essing the situation?

gumball situation 

Something that is a potential hit or miss. Or perhaps, something that would require a decent amount of energy but might not necessarily pay off.

Additionally, this phrase emphasizes the lack of probability of any given outcome.
Hey this gumball situation movement is a real gumball situation.

Slash Situation 

When one person announces to another that they are in dire need of a wee

Any Situation Meme (ASM)

A meme that you keep saved in the photo album of your phone for any situation. Wheather it be over text or in real life when, someone who has an ASM is usually the coolest guy there and the life of the party (situation).
Person 1 "I sang every lyric to thrift shop, swears and everything!"

Person 2 *shows phone* "Watchout, we got a badass over here!"

Person 1 "nice Any Situation Meme (ASM)"

Defecation Situation

A sudden and urgent need to drop a monster mud bomb out of your hind quarters.
Our first date was going fantastic, but then out of nowhere that burrito I ate reared its ugly head and I had a defecation situation on my hands.
Defecation Situation by MaulerMMA October 10, 2013