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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
University High students and teachers complained in the school newspaper that the 'Drillbit Taylor' crew blocked access to classes and took over the parking lot.
Camilla Belle plays Evolet in 10,000 BC (12), also starring Steven Strait (below), and Owen Wilson (bottom) is Drillbit Taylor (12).
Not only has he directed enormous hit movies (The 40-Year-Old Virgin, Knocked Up), but as a producer he's churning out films by his posse of actors, directors, and writers like Seth Rogen (Superbad, Drillbit Taylor), Nicholas Stoller, and Jason Segel (the latter two are director and writerstar, respectively, of Forgetting Sarah Marshall.)
In eighth place was "Drillbit Taylor" starring comedian Owen Wilson, which also netted 3.5 million dollars, about three kids who hire a bodyguard to protect them from a playground bully.
9 (5) DRILLBIT TAYLOR (12) Owen Wilson plays a a downtrodden soldier who becomes a private bodyguard to three bullied schoolboys.
When the torment seems unlikely to let up, Wade hits on the idea of hiring themselves a bodyguard which, after the usual montage of unsuitable applicants, winds up being Drillbit Taylor (Owen Wilson), a martial-arts trained marine discharged for "unauthorised heroism".
Wells are evaluated after the drillbit reaches the target depth.
To drill the downhill pilot hole to Campo V, a 12 3/4-inch drillbit and a mud motor was used.
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.
"It's like 'runout' in a bent drillbit, but very slo-mo and controlled," explains Wasnieski.
A strong balance sheet allows XTO Energy to lead in delivering drillbit growth and acquiring strategic assets.