when playing basketball it's used to mean "nice move" or "good play"
player 1: dunks
teammate: That's good shit.
by mwilson January 3, 2006
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n.- when you drop a deuce and you feel a lot better than when you went in the bath in the first place.
that was a good shit!
by leaveit2keeler January 29, 2011
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*listening to MCR or any emo band*
"That's some good shit." *single tear streams down your face*
by daddydooda June 13, 2018
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Guy 1: School is cancelled
Guy 2: that's some good shit
by foop629 August 18, 2019
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cool kid, chill, good company, respectful
person a: yo i liked your friend john.
Person b: ya man, hes a good shit.
by Turbochrgehonda May 11, 2009
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