When a man's "Penguin" accidentally slips out of the vagina and into the assholemid thrust, without skipping a beat due to it being extremely slippery.
I'm sorry baby... i didn't mean for a slippery penguin to happen. Good for you though, champ.
Jack: So I've been putting a lot of thought into it and I think Jessica and I would make a great couple!
George: Come on Jack, remember what dad always told us: "A Penguin That Prefers His Fish Cooked Waddles On A Slippery Slope." You know you have no chance with Jessica, stop obsessing over it.
While our lifespan is the number of years we will live, our healthspan is the number of healthy years we will have and our sexspan is is the number of years we will continue to be healthy enough to continue having an active sex life.
A lighthearted reaction upon receiving disappointing news of some sort. Usually something that isn't a particularly a big deal, esp. when it primarily affects someone else - sort of a mild schadenfreude. Sometimes doubled or tripled, and possibly said in a sing-songy voice for added comedic effect to imitate a muted trumpet, which is how the meme originated.