It is when you're sad at 3 in the morning and you feel very moist in your crotch region and you beat off to your ex girl friends instagram pics. also referred to as a William Confere.
A soggy stocking is when an individual masturbates (wanks) and releases their semen into a sock, and after the semen has saturated the sock it is then placed back on the foot of that individual
I was in a rush for work but wanted to blow a load (ejaculate) before I left, to save time I wore a soggy stocking
When an extremely hairy man has hot sweaty sex with a chick and sheds the equivalent of a bear skinned rug on her stomach and chest. When she realizes she is covered in hair she lets out a Wookie war cry.