Consummate Crit. The red text effect says "Slippery when wet".
"Slippery when wet" is a red text properties modifier on SMGs in Borderlands 2
Found on the following red text Sub-Machine Gun: Crit, such as the Consummate Crit from Tiny Tina's Assault on Dragon Keep DLC
Grants Weapon Effects[edit]
Always shock damage
High crit dmg
Chance to fall out of your hand (your character will auto-switch to a different weapon)
