"Together with the previously announced Letter of Intent for the Delba III, Deep Down now has orders for approximately $18 million of deepwater marine drilling riser flotation systems."
I bet they were unsure of how the market would react to PR #1, so they had PR #2 ready. As it turns out, PR #1 was just fine, so PR #2 only adds fuel to this rocket.
1) Sector is consolidating! 2) Strongest sectors trading in the market! 3) Deep Down keeps growing to become "one shop service " 4) Management is shareholder friendly /well focused! 5) Stock is cheap!