A phrase use to describe a person whom you find sexually revolting. A derivative of expressions such as "I'd hit it" and "I'd tap that" used to express the desire to have sexual relations with a person if given the opportunity.
12 step recovery jargon referring to someone new who talks about how great life is, now that they'resober. Usually meaning that the person is out of touch with reality.
The new guy seems pretty happy for a dude who has no job, no money and no family. He must be on a pink cloud.