when someone misuses the common street drug loosely called "bombs" ; typically referred to as "extasy"; and has wierd - unexplicable things frequently happen to them.
also used when stoners speak in code about drugs or other things which are usually meant to be kept "hush, hush"
another word for bullshit.
"where did you hide that wooglie-booglie without your mom finding it?"
"so is we gettin on dat wooglie-booglie t'day?"