Lunch Money: Humiliation and Weapons?

I just got Lunch Money and haven't had a chance to play it yet, but I did a mock game with myself to get aquainted with the rules.

Does humiliation simply stop the attack from, say, Knife, or would it also serve to disarm the player? I.e. would they simply miss you with the attack, or would the weapon fly out of their hand clumsily and [size=150]humiliatingly?[/size]

My recollection is that it does not disarm the weapon, just negates its effect.