its a relatively non affensive insult taking the words 'penis' and wanker' and combining them to make something not quite as good as either.
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Get the Penigites mug.A combination of the words penis and attitude, it is a lifestyle choice centered around compensating for a small penis.
Girl: See that 50 years balding white guy driving that spotless F450? That’s some serious penisitude right there.
Guy: *shouting* SORRY ABOUT YOUR PENIS, BRO!
Guy: *shouting* SORRY ABOUT YOUR PENIS, BRO!
by UnableToThinkClearly June 17, 2018
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