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Disappearing Panda 

When a man and woman are having sex 'doggie-style', with the man wearting a condom, and the man says,
"Oh look, a disappearing panda."
And when the woman turns to look at the man, he quickly pulls out, removes the condom and snaps her in the eye with it.
As in the previous example, which did not state the sex being engaged in was 'doggie-style',
"I can't believe how dumb she is. I actually pulled a Disappearing Panda on her last night."
Disappearing Panda by spacetrucker February 17, 2008
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Disappearing Panda 

when you are fucking a chick with a condom on. then you say, "look, a panda". then when she looks you take off the condom and snap it right in her eye.
My chick is so dumb, i actually pulled off the dissappearing panda on her!
Disappearing Panda by Special Ed February 2, 2005

dissappearing panda 

A dissappearing panda is when your having sex with a girl and right after you cum you say "look a panda" and point in a different direction, quickly pull out, take off the condom and slap her in the face with it
Hey look a panda! *smack* ha they better get that dissappearing panda back to the zoo.