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The owner of the 3X ETF FAS (Direxion Financials Bull 3X ETF). The term denotes someone who goes "long" FAS, i.e. buys the equity. Tard is common in stock lingo for anyone who has a long position.
You Fastards are doomed(tm) when the bank stocks go through the floor.
Fastard by CosmicHemorroid April 25, 2009
Related Words

fraktard 

The completely nerdy Battlestar Galactica way of saying "fucktard", a fucktard being the commonly angry way of expressing ones stupidity, derived from fucking retard.
"Yo Apollo, your dad is a total fraktard for drinking reactor coolant and killing my goat."

bat fastard 

Language for use around children and fat idiots who are to large for using all normal sized equipment, formed by simply getting an abusive phrase and changing the first letters around.
look at that bat fastard he needs a large one.
bat fastard by anal passage July 19, 2006

Frustard 

when your drunk or extremely tired and you ask your friends to go and get some frozen custard, it comes out frustard.
lets go get some frustard after where done at the bar.
Frustard by Moodster08 November 28, 2009
Frat boys with too much testosterone and not enough functioning brain cells.
She just watched a fight on university boulevard sponsored by fratards and their machisimo.
Fratard by langosta_palestina August 30, 2009

Fratarded 

The mindframe of most fraternity members, especially in Laramie, Wyoming. Usually a requirement for acceptance into a frat.
Mike: Look at that jackass in the SAE shirt hitting on all those chicks way out of his league.

Bob: Yeah, hes fucking fratarded.

Joe: ERRRRRRRRR!!!!
Fratarded by chewie October 21, 2004