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 ?
Today, another project phase has been successfully completed: the new material was used to manufacture and test the cutting disks prototypes of the future drill bit blades.
Earlier this year Managing director Brendan Kennedy decided to get both their drill bits and their cutting paste tested to see just how good they were.
"The rebrand, including the name change to Taurex Drill Bits, is representative of the transformational initiatives the company has been successfully executing throughout 2018," said Dyer.
Simply put, a percussive drilling mechanism utilizes the percussive energy resulting from the repeated impact of the drifter (THD rigs) or the DTH hammer (DTH rigs) and the feed force and rotation force that are transmitted to the drill bit through the drill rod.
The performance of TiAlN coated and uncoated carbide drill bits when drilling titanium alloy were investigated on vibration, thrust force, torque, machining time, burr dimensions and surface roughness.
Effects of special drill bits on drilling-induced delamination of composite materials.
(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.
It sells and leases various sizes of polycrystalline diamond cutter (PDC) drill bits to drilling contractors and oil and gas companies.
Look at the possible use of nanotechnologies during the making of the drill bits. Certain nanotech components might be added to the plastic to give it added strength characteristics.
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.
Atlas Copco Secoroc-Salt Lake City develops and manufactures drilling products with a focus on rotary polycrystalline diamond compact (PDC) drill bits. These tools are designed to be impact-and wear-resistant and are particularly suited to shallow, land-based drilling applications.