Are having big hips a bad thing?

Now I'm 15 and I turn 16 this year. I have always been so self concious(sp) about my body. I was the early bloomer. I was the girl in the class who got the changes first. The tallest girl with the boobs. Now I'm in high school and I'm pretty short compared to these guys and even the people who in grammar school I was bigger then are looking down at me. Now back to my question. All the time peolpe call me phat...I'm just not finding out what that means. I have size 38D breast a samll waist and big hips and butt. But I don't like it I wish to be skinny skinny. Like all my friends have like no hips or but maybe a little boob butt their bodies compared to mine is toothpick. Guys are always saying that I'm thick and I don't know if I should take that as a compliment. Like I feel fat but people say I'm not. Guys tell me I could bared good children all that crazy stuff. Like its crazy like all I wanna know is if having big hips are good and why? Ill try to attact link pick of me. You decide if I'm fat.