the act of shaping your poop like a penis. 2 balls and everything. if you want to get fancy make it cum. Penispoop can also mean another word for gay intercourse because your putting you penis in poop.
when woman or gay men require men to take off their pants in a public place such as a bar, nightclub, preschool, or retirement homes and swing their penises in a counter clockwise formation. While walking in a circle around the women so they can get a good look at the options! (Its rude to do it clockwise.) This is so woman can get a look at what they are taking home and make their final decision.
Kelly-Hey look Tracy has John and Marcus doing the Penispolooza
Ambrey-One of them is getting lucky tonight!
Kenzy-Oh shit, poor John, apparently Marcus has a bigger dick.
Anni-That sucks... Oh look there are some hot guys lets make them do the Penispolooza
Courtnee-I claim that one!
(A little later)
Anni- HAHAH Courty he has the smallest dick!!
ALL-WE LOVE PENISPOLOOZA