derived from homo (and pronounced the same), an abreviation of homosexual, but used in the same sense as the word ghey; it can still be used to describe something as rubbish, but without any suggestion as to its sexuality.
Nickname given to bales of marijuana thrown overboard or out of airplanes. Origin is reportedly from members of the US Coast Guard in the area of Southern Florida.
"Base we've got some square groupers floating outside of Miami harbor."