Drill-Bit Stock

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Drill-Bit Stock

A stock with a share price of less than one dollar. The imagery of a drill-bit comes from the days before decimalization, when stocks were quoted in fractions of a dollar; likewise, drill-bits are sized in fractions of an inch. In the present day, a drill-bit stock may be a new company or it may be an old company. A drill-bit stock may be in danger of delisting, depending on the rules of the exchange on which it trades.
References in periodicals archive ?
However, the existing drill bits geometry essentially precludes ingress of any liquid directly to the cutting zone.
NYSE: SDPI) has purchased the exclusive manufacturing, marketing and sales rights and the current inventory of the OrBIT completion drill bit product line from Tenax Energy Solutions, the company said.
EXTRA checks are to be made at Coventry's University Hospital after part of a drill bit was left inside a patient's jaw.
As previously announced, BlueFire has developed a digitized model of its proprietary PDC drill bit prepared by a Texas- based 3D scanning company.
Look at the possible use of nanotechnologies during the making of the drill bits.
Varel's proprietary design capabilities, efficient manufacturing, and global sales force uniquely position the company to provide high-quality drill bits that deliver excellent performance and value to its customer base.
Based in Fort Worth, Texas, Ulterra is engaged in designing and producing polycrystalline diamond compact drill bits for use in the construction of oil and gas wells.
Before fixing the front panel make an entrance hole for the birds by marking up the centre with a pencil and drilling a hole using your 32mm spade drill bit.
BAKER Hughes has announced that its new drill bit manufacturing plant in Saudi Arabia is fully operational and delivering industry-leading polycrystalline diamond compact (PDC) bits to the Saudi Arabian and Middle East markets.
All the drill bits come in various sizes, but the diameter is the most important part.
Saudi Arabia and the Middle East are key markets for Baker Hughes and, after several years of successfully assembling drill bits in the kingdom, we took the next logical step of manufacturing bits from raw materials.
Knowing which drill bits are suitable for the material you are working with will ensure you use the right drill and method for the job.