you don't get to use the ''no homo'' card to say some homo s**t. No homo is used when you say some unhomo s**t that sounds homo.
ex: Ima f**k that n*gga up when I see him. NO HOMO
lol you are right though. Like in the movie Talladega Nights. Will Ferrel will "I mean no disrespect," but goes on to say something disrepectful. lol
This is basically the same s**t.
Dont know if you guys listen to Ownage Pranks on youtube. But he has a prank and tells guys "How big is your d*ck, no homo though, I dont play that homo s**t." lol