Most people don't know what it means, but I do. It is owo, but cuter. It's when someone pretends to understand what it is, or is someone is being cutesy. Sort of like a simpler version of 'wtf does that mean' or 'hehehehehehehehehe........ no one will know this...'
Friend: Did you eat my cookies?
Me: No
Me: *w*
Friend: Run. I know what that means. r u n
Me: Oh sHiT-
An emoticon that shows contented satisfaction. Derived from anime when a character is pleased.
It resembles the owo face, except the dashes represent eyes.
Kayla: Did you talk to him yet?
Serenity: I did. I'm kind of proud of myself too. -w-
Kayla: Yay!