we look for bounces off these otcbb/pinks on the s-8's because they generally aren't handled correctly like the larger cap companies, and most often there is a large drop then a nice recovery after the sellers have gone. You must read filings tho, as they may have other registrations in place for sale of their stock, most often, SB or S-1 filings, or REGDEXES.
I highlite in the ibox those companies who most often do not have further S registrations, or REGDEX's, and appear to have bottomed out based on both T/A and F/A. The last two, ONGO and IWEB performed nicely, as expected. There are no guarantees tho, in pennyland.