LAY...laughing at yaks

UBS

UBS-------ultra buoyant submarine

BMA

BMA------- buy McIntosh apples
PKR

PKR-----Papa kissed rabbit

BIT

BIT ----- biking in town

ENO

ENO — eating navel oranges

KRF

KRF...keep raising ferrets

WML

WML------won million lotto (I wish)

NOW

NOW...never own wolves

JOH

JOH-----just opened hammock

MMO