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When something is so amazing/surprising/disturbing that "Flipping a shit" is not adequate. The next level of "Shit flipping"
Ben: "Dude There's a half on sale on yellow chuck's at The Gap!"
Jimbo: "No need to flip two shits."
To become worried/anxious in an overly dramatic manner. To "freak out". Usually used in the phrase "flip your/his/hers shit".
Don't flip your shit, Anya. You will be able turn in your paper tomorrow.
Another term for freaking out
me: omg remember when i pranked you
you: yeahh, i was so scared!
me: YOU WERE FLIPPING SHIT!
the act of frying shit and FLIPPING it with a spatula
i walked into the house and my dad was flipping shit!
To "Flip Shit" means to cause chaos and/or mayhem.
Also usually means "fun" to teenagers
John: Heh, Joe, lets go steal some gun powder and fuses to flip shit down at the mall
Joe: Sweet. Can we get stoned first?
if something is too difficult say “flip shit” and quit...
coach: "okay were going to do 6x400 butterfly for time"
everyone in pool: "FLIP-SHIT!" ::goes to bathroom/lockeroom::
To simultaneously trip on LSD and shrooms
Brett was flipping shit the other night whilst simultaneously watching SpongeBob and Waking Life. Andrew just took two hits and is sipping on a big mug of shroom tea; he is gonna flip shit.