A code term used for closet gay men to enlist other closet gay men into having gay butt sex with them. This term usually precedes phrases such as "I'm so happy!"
Happy meaning "gay" or "the feeling you have after a great fuck."
Guy #1: Anyone want to go on a bike ride with me?
Guy #2: nah, man I'm good.
Guy #3: That would be fantastic!
a half hour later
Guy#1: I'm so HAPPY right now!!
Guy#3: This is the happiest I've ever been!