Does peripatetic mean periscope pathetic for short?

No.

Search Results
Dictionary
per·i·pa·tet·ic
ˌperēpəˈtedik/
adjective
adjective: peripatetic; adjective: Peripatetic

1.
traveling from place to place, especially working or based in various places for relatively short periods.
"the peripatetic nature of military life"
synonyms: nomadic, itinerant, traveling, wandering, roving, roaming, migrant, migratory, unsettled
"I could never get used to her peripatetic lifestyle"
2.
Aristotelian.

noun
noun: peripatetic; plural noun: peripatetics; noun: Peripatetic; plural noun: Peripatetics

1.
a person who travels from place to place.
2.
an Aristotelian philosopher.

Origin
late Middle English (denoting an Aristotelian philosopher): from Old French peripatetique, via Latin from Greek peripatētikos ‘walking up and down,’ from the verb peripatein .