1. Slang, noun;
Any variation of the male penis, erect or otherwise.
2. Slang, adjective;
Used to describe the drunk uncle that crashes Christmas dinner and is usually the only one still smiling at the end of the evening.
Ex. 1.
The cheerleader's eyes widened when she gazed upon the Varsity Quarterback's bald headed giggle stick in the back seat of his father's Oldsmobile.
Ex. 2.
That bald headed giggle stick, Uncle Eddie, drank all the egg nog!