Extremely hammered. One who is shit hammered cannot function in any capacity and will usually be found on the floor next to a bottle and a pool of vomit.
Be cautious around someone who has been hit with the shit hammer, as their behavior is wildly unpredictable.
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.