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Used as a common insult, related to the word flid. (The word flid originally comes from a baby with no arms or legs). Advancement of the word flid. This is a flid on a stick. Flidstick.

Not to be mistaken for Flidspics.
You're such a flidstick
Fecking flidstick
(random stranger falling over in street) 'FLIDSTICK' (observer)
by JonathonBruce March 18, 2007