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Laughing Out Loud Silently To Myself. In between LOL and LSTM. When you hiccup (figuratively) upon hearing something humorous but don't quite chortle.
Billy: I want to see the new Werner Herzog film.

Jamie: Werner is a little dramatic, which is good and funny...

Billy: maybe I will go alone tomorrow.

Jaime: yeah, then you can LOLSTM.

Billy: or just lol.

Jaime: sumthin like that.
LOLSTM by Johnetsunami September 13, 2011
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Related Words

lolsteriod 

laughing out loud so hard that it takes up the form of asteriod, wiping out the human race because you laughed
did you know jesus wiped out the dinosaur?

lolsteriod!
lolsteriod by penisaurus April 9, 2009
lol + awesome. Use it when something is both awesome, and funny.
Midget mud wrestling is lolsome!
lolsome by Aetheryn December 23, 2007
This word comes from the word awsum which is a more 1337 way of writing awesome. In essense, lolsum is a more 1337 version of awsum.
Example: d00d i iz so lolsum.
lolsum by krizalllid November 4, 2009

lolsterbate 

To laugh when watching porn or some other form of stimulation with right (or left) hand on your penis, rubbing vigorously in an attempt to climax your pleasure all over your computer/bitch/cousin/dog.
Dude: How was that porn I lent you?
You: The acting sucked so bad I lolsterbated.
lolsterbate by Bourgois July 14, 2010

lolstache 

Mustache reflecting a consistent smile of the wearer, despite the fact that most mouth never be seen.
Rich Uncle Pennybags wears a persistent smile due to his great wealth in selling Monopoly games which can only be seen by way of his lolstache.
lolstache by GunsNFNRoses December 1, 2010