When a guy says "maybe", does that mean "no"?

lalaxbubblegum
So there's this guy who always stares at me whenever I'm near. I started talking to him because I wanted to get to know this guy who's always looking at me. He's really nice but one of those quiet guys. Needless to say, I've sort of fallen for him.

After a month of talking, I asked him if he wanted to hang out. He was smiling when I was saying this. Was he just smiling because his suspicion that I like him has been confirmed? Or was he happy that I asked him out because he likes me too? Urgh so paranoid! Anyway. So his response? "Maybe". I know that "maybe" usually means that the guy is trying to let you down easy because he's too nice to say "no". But if that was the case, if he's not interested in me at all, then why spend so much time looking at me? Not to mention the way his friends have been acting: nudging him whenever I walk by.

Don't want to get my hopes up but I'm...confused. And SO embarrassed! I'll get over him but...yeah. Help?
When a guy says "maybe", does that mean "no"?
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