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1.
When one is gay, simply because it is emo to do so.
One example of someone being Emo Homo.

Emo Troy: Being gay is wrong, it goes against eveything we are supposed to do, reproduction, procreation, everything.

Dan: Well why dont you be they true rebel and be gay?

Emo Troy: Good Idea, I think I will be gay, just to be the rebel.

by Trexor October 19, 2005
 
2.
Man who is emotionally gay though not always attracted or interesed in the physical aspects of gaydom.
"Dude, are you sure Mike's not gay?"

"No, man, he's just an emo homo."
by Tabitha324 November 26, 2007