It is the 1 st person conjugation of the verb Fare.It is not easy to translate for fa means to make/to do in Italian.As in:I am doing something - Sto facendo qualcosaWhat are you doing? - Che cosa...
I think it means flirt alert or fat admire ive even herd free agent as in no girl friend or boy friend like nobody likes you or ever will.. but i have not heard a solid answer yet