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2.
somethning found
i found three bone is socks! hoopits!
by pok November 14, 2002
 
1.
A phrase directed at someone meaning for them to go find something else to do or get lost usually due to being extremely annoying.
Scumbag Steve: "Hey man, can I borrow some money I forgot my wallet."

You: "Hoop it."
by Douchebag Don February 18, 2011