GFTP

An acronym which stands for: Giant Faggot, Tiny Penis. Commonly used to refer to someone who is not only acting like a faggot at the current moment, but also probably has a tiny penis.

Howie: I'm probably just gonna stay in tonight, and coordinate with Ben which pair of jorts to wear tomorrow.
David: Wow, GFTP!

Howie: Hey Dave, do you think these jorts make me look gay or in any way call attention to my very small penis?
David: As a matter of fact yes I do, you GFTP!