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 ?
This mostly involves Wade trying to summon the nerve to ask Asian classmate Brooke for a date or being needled by his macho stepfather, and Drillbit, now posing as a teacher without anyone questioning his credentials, being romanced by over-sexed 'colleague' Lisa (Leslie Mann).
According to Iglesias, the crew again relied on a 12 3/4-inch drillbit and a mud motor to complete the 5,338-foot bore to Campo III.
Sheffield, Chairman and CEO, stated, "In 2012, we again delivered drillbit reserve replacement well in excess of production and achieved our targeted drillbit F&D cost of $14 to $18 per BOE for the year, despite deferring the drilling of a substantial number of vertical Spraberry locations beyond five years.
The well is planned to reach a total depth of 2,400m, sidetracking around the stuck drillbit, and then casing will be run to test both zones, the company added.
Fairy trainer Tracy is played by Stephen Merchant, a human drillbit who is tall enough to somehow tower over Johnson.
Dana Chief Executive Tom Cross said, "Dana delivered record production in 2008 and also had an excellent year with the drillbit, adding record oil and gas reserves and replacing production by some 300 percent.
Owen Wilson takes the title role in DRILLBIT TAYLOR (12), an ex-Marine who answers an advert placed by three geeks who are being bullied at high school.
DRILLBIT TAYLOR (12A) Owen Wilson plays a downtrodden soldier who becomes a private bodyguard to three bullied schoolboys.
DRILLBIT TAYLOR (12A, 101mins) In Steven Brill's comedy, the victims of intimidation strike back against their tormentors with a little help from a most unlikely role model: a downtrodden soldier of fortune (OwenWilson) whose bold claims that he protected "three Vice Presidents, Bobby Brown and Sylvester Stallone" are all lies.
But Drillbit soon realises his charges face a serious threat and the only way to save his pint-sized proteges is to become the hard man he pretends to be.
Refusing to live in perpetual fear, the boys hire covert mercenary Drillbit Taylor (Owen Wilson) as their private bodyguard.
Instead they hire Drillbit Taylor (Owen Wilson), a homeless veteran who is trying to raise enough money to go to Canada.