It may not pull back from here. There are plenty of people who have DD'd DDI and were picking up shares on the bid here during tax sale season.
The market is improving with more contracts trickling out to smaller companies like DDI and we will get our fair share or more of the deep subsea products and services in our realm, IMO.
Some of the earlier $20m backlog has most likely been produced and some of it replaced by new (smaller) work orders.
As I said earlier, the Delba III delay in construction had a big effect on Q3 numbers but the production of the DRB modules should be in full swing all of Q4 for the updated delivery (and probably into Q1 since it is a big order).
It's still trading under a $30M market cap which which is "fly or die" zone and I don't think die is the direction DDI is headed.