The bro version of "bode well." Used by bros (alongside positive or negative modifiers) to describe situations in which brodowns or brofests may or may not come to fruition.
The kegerator's busted, Tom's truck won't start, Dave's mom died last and he doesn't want to chill, and all the fly honeys we invited went to Eric's pad because they heard Robert Pattinson might show up. This does not brode well, bro. This does not brode well at all.