Stems from the question "would you rather take on a grizzly bear or 30 wolverines?" for which most everyone says, the grizzly. This phrase though, describes something so feirce or frightening, when applied to this scenario, one would actually prefer to fight the wolverines instead.
"holy shit, Patrick Swayze in 'Road House' was fuckin tough."
"yeah dude, I'd take the wolverines"
Wide and Over, typically used in soccer to refer to a shot that is both wide and over the posts.
Can also be interpreted as Well over, used in soccer again referring to the shot as being considerably far from the posts.
Such a phrase should only be used when you cannot remember what you were originally talking about, and need time to think. Instead of saying "Ummm" or "Errr", you would say "Fucking..." Followed, after a slight pause, by "...Wolverine."
Phillip, to Ben; "Dude, I just had a thought! You look like Fucking, Wolverine."
Ben; "What?"
Phillip; "Fucking, that pirate guy from that film, you know the one."