Of, or possessing the qualities of being gay; e.g. the stereotypical limp wrist (e.g. the person has LWS aka. broken wrist syndrome), the lisp, the hands on the hips, waving his ass around, etc.
A vape or e-cigarette when used to look cool or for any reason other than it's intended purpose of helping people get off their addiction to cigarettes. It is especially considered a faggotstick when the user got addicted to it.
Hey did you hear Kyle spent all his money he got for his birthday on a faggotstick?