Further adventures of Penguin

So Penguin decides to
take the Slide.
"Plunge," and away he
went. A check-turn
of his head.
Must resist the urge
to look back. Can't
exist two seconds ago.
Walrus might say I've
jumped to a conclusion
over my head.
More likely an illusion to
an allusion," Penguin said,

"Yet I'm still steeped in confusion."

"Silly little man, wearing his
formal ware to a playground.
Better overdressed than
under-appreciated," Walrus sighs.
And fanciful thoughts will
never deny, but merely mystify
why a penguin sports such threads.