Slang for "You better not underestimate me!"
This phrase is usually used when someone's skill is underestimated by someone before they try to prove themselves.
Steve: "Bro you're trash at ball, you can't even make a three pointer for crying out loud!"
Dale: "Nah, YOU BETTER GOO GOO ME! Watch this!"
*Dale completely misses the shot*
Steve: You fucking imbecile