olmex [ohl-meks] v. to belittle (or rip) something or someone because you’re jealous – olmexing, olmexes, olmexed, olmexer
It’s kinda like hating on someone or something. Pretend your friends start a web sight that becomes successful. You get jealous because you never thought about doing it, and you start saying negative things about the sight and even your friends. You would be olmexing.