Peel The Shark Out 

To intentionally perform a stupid and/or dangerous activity for the amusement of yourself and/or others.

Inspired by an episode of Dirty Jobs in which Mike Rowe literately peeled a shark out of a fiberglass mold.

"Grab the fireworks we picked up on the way here, we're going to peel the shark out."

Peel The Shark Out by Jacob Heartin August 9, 2009

one foot on a banana peel and the other one out the door 

To be in a very precarious position, most commonly used when a person is in imminent danger of being fired from their job.

The way John has been fucking up at work lately, I wouldn't be surprised if he has one foot on a banana peel and the other one out the door.

one foot on a banana peel and the other one out the door by Libertine October 4, 2005

peelout 

when i car gases up quick from a dead stop and the drive wheels spin for about 2-3 seconds

that car just peeled out
that car was peeling out

peelout by James May 13, 2005

peelout 

Variation of peel out. This version can be used in many different fashions.

Verb: peeling-out
Noun: peelout-mobile
Adjective: peelout
Exclamation: Peelout!
Interjection: Peelout,

1. That guy was peeling-out on the trim press.
2. The V-dub is a peelout-mobile!
3. That is one peelout automobile.
4. Peelout! That guy just did a donut on cobblestone!
5. Peelout, what should we eat?

Or, in combination:
Peelout! That peelout-mobile is peeling-out on that peelout road!

peelout by chryso April 7, 2004