Usually involves gross exaggeration or fabrication of an event.
Beth: I know, right? It sucks!
Amanda: Yeah. Oh my God. Guess what, Beth?
Amanda: Leanne is pregnant!
Beth: SERIOUSLY? What a SLUT.
Amanda: I always hated that bitch.
Beth: Yeah, me too.
A characteristic of valley girls.
Kim: Oh my god, Did you hear Katty is cheating on Jim!
Sam: Umm....yeah...What do you do for a living?
Kim: Oh my god, like you know Kristen is pregnant!
Sam: Umm...You have no life! All you do is gossip about others!
Kim: hahahaha, your a loser!