An expression of pure joy, glee, happiness and mirth. Taken from the unnamed Jawa in Star Wars: A New Hope, who upon realizing he had just immobilized R2-D2 with his paralyzing blaster, happily exclaimed "Ooteedee!"
Mike: I ooted like 5 roxi's last night and was so fucked up I puked five times.
Jordy: Did you have blue boogers all day?
Mike: Hell yeah, they look nasty. Im never getting ooted again.