Drill bit sizes are described by fractions of an inch whereas drill bit stocks would be reported as fractions of a dollar. Due to the decimalization of stock prices by major stock exchanges, drill-bit stock prices are no longer seen.
Investment dictionary. Academic. 2012.
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drill bit stock — n. A stock that has a price under one dollar. Example Citation: Heard the latest lingo on the Street? It s drill bit stocks, as in stocks trading in the drill bit range (3/64, 5/16, etc.). Andy Serwer, Loose Change, Fortune, April 30, 2001… … New words
Drill bit shank — The shank is the part of a drill bit grasped by the chuck of a drill. The cutting edges of the drill bit are at one end, and the shank is at the other. Different styles of shank/chuck combination deliver different performance, such as allowing… … Wikipedia
Stock Market and Investing — angel investor bear tack black swan Bull Market Babies capitulation bottom carve out casino culture … New words
bit — Synonyms and related words: ALGOL, COBOL, EDP, FORTRAN, a breath, a continental, a curse, a damn, a darn, a hoot, ace, act, actor, aculeus, acumination, afterpiece, allotment, allowance, alphabetic data, alphanumeric code, anchor watch, angular… … Moby Thesaurus
show-me stock — n. A stock that has fallen in price because of the company s recent poor results, and that won t recover until the company shows a string of profits or other positive news. Example Citation: Chief executive Michael MacMillan acknowledged it will… … New words
Bar stock — Storage area containing assorted bar stock. Bar stock, also colloquially known as billet, is a common form of raw purified metal, used by industry to manufacture metal parts and products. Most metal produced by a steel mill or aluminium plant… … Wikipedia
List of stock characters in military fiction — This is a list of stock characters that are used in military fiction. * The Arrogant Pilot (aka Flyboy): this character arrives on base after the premise of the story has been established. The arrogant pilot, along with his distinguished training … Wikipedia
capitulation bottom — (kuh.pich.uh.LAY.shun BAWT.um) n. A stock market low caused by investors surrendering to whatever negative forces are driving prices down. Example Citation: It may sound like a nasty medical condition but capitulation bottom was just one phrase… … New words
falling knife — n. A stock whose price is currently undergoing a steep or long standing decline. Example Citation: Let s look at Oak Brook based McDonald s Corp. (MCD). The stock closed Friday at $ 33.38 a share, up $ 1.38 on the week, but far off its 52 week… … New words
dead cat bounce — (ded kat BOWNS) n. A temporary recovery from a major drop in a stock s price. Also: dead cat bounce. Example Citations: After glancing at the top performing funds of the second quarter, investors may be forgiven for wondering if they have somehow … New words