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Rocky the flying squirrel 

The act of grabbing your nutsack through your open fly and extending the loose skin into a rough square shape with thumbs and index fingers from both hands and then posing for a picture with someone who is sleeping or passed out drunk.
Dammit! I just got logged onto Facebook and Kyle posted pictures where he Rocky the flying squirrel'ed me.

Alabaster Flying Squirrel 

when your younger sister is having a slumber party with all of her friends downstairs, and from the banister of the stairs you fire a load you’ve been saving since you heard of your sister’s Saturday night plans onto each of her friends from a height of approximately 8-12 feet.
Sarah had a slumber party last night and I gave each of her friends an Alabaster Flying Squirrel.

Ray the flying Squirrel 

A character from the sonic universe and is good friends with mighty the armadillo

The Flying Squirrel 

This is the greatest Asian sex move of all time. Essentially it is a standing 69. Using gravity boots, the female hangs upside down (lowered to the appropriate level or the male can stand on a stool) and the male does his business. The male then leaves the female to get herself down. For added spice, one can make it difficult, i.e. ejaculate in her face.
Your mom and I did the flying squirrel, and afterwords I jizzed in her face.

german flying squirrel 

the female version of the flying squirrel. The female spreads and stretches her vagina out over the partners face so the lips look like the webbed arms of a flying squirrel.
I gave Johnny a german flying squirrel last night and he barely survived without his snorkel.
german flying squirrel by Leashie December 9, 2008

glowing flying squirrel 

When a man is down on a woman and he breaks a glowstick in her clit and sticks his dick in and preforms helicopter causing all the glowing ink to fly everywhere spastic such as a squirrel
"Man when I was with Ashley the other night I gave her the glowing flying squirrel better than Dave!"