Name for a nasty slutty girl in which the STD's she has have combined to turn her vagina into a meat eating beast. The vagina grows teeth, eyes, a tounge and squeels as it opens up. It resembles the Predators head from the movie Predator. A Penis Eater or P.E. can be symbolized or signaled by putting the hands next to ones mouth and wiggle the fingers around the mouth while squeeling. The P.E. also had the smell of rotting flesh.
Jim-Those two nasty ho's are P.E.
Tim-What?
Jim-Ya they got Penis Eaters.
Tim- Oh hell no I'm not tapping that
12 step recovery jargon referring to someone new who talks about how great life is, now that they'resober. Usually meaning that the person is out of touch with reality.
The new guy seems pretty happy for a dude who has no job, no money and no family. He must be on a pink cloud.