To freak out. In a good or bad way. The origin of the wordcame from the Greek goddess Titflapaine. The creator of the phrase is a young girl named Caitlyn from Wisconsin.
I thought she was going to flip a titwhen the monkey climbed out of the vagina on final destination 2!
It pretty much means to have a massive spazz attack. Like if you're really craving some cigarettes and your friend won't give you any, and you go all pissy on their ass and then soon, people will be saying, "They was being a complete dick today."
Chris: Give me a fuckin' cig man.
Tony: Nah, this is my last one dickface.
Chris will Flip-A-Tit. And pretty much beats Tony's ass to the floor.