it is a emoticon meaning "middle finger". The periods represent knuckles and the | obviously represents a finger ...
Written in the context of a discussion on irc
<Charles> I think you're a goof
<BigMan>Yeah, well ..|..
40π 14π
(a) sketchy or otherwise weird or uncomfortable situation, person, or thing.
Let's get out of here, this party is skrawnjay.
4π 1π
hmmm, Gabe Gall is a guitar totin music writin film making fool...and a pyromaniac. His friend, Reilly Meng is from Ireland.
Everyone in the world loves Gabe Gall, because he is quite possibly the coolest guy on earth, and if you disagree, someone will skeet on you.
6π 8π
- A Peice of shit that has come out of your ass...
- mikeh spikeh
Will - " mikeh spikey.. your an anus terd "
6π 6π
when you shoot a basketball and it go's under the hoop while hitting the net
Wow Jim. You pulled a mike.
6π 22π
differing pronunciation of the 'hot.' Usually used when the individual in question is so fine they're beyond the definition of the word hot.
dem beetchis ees hat. So hat I denk I's gonna splooge. Oh yer.
24π 30π