Stock price spikes observed around 4 AM typically do not sustain, often leading to a sharp drop and a full day of selling pressure, with the stock failing to recover previous highs.
"most of the time what I end up seeing is that these spikes at 4 a.m. don't hold up very well they pop they drop and then the stock doesn't return to those levels and a lot of times it becomes like a selling event where the whole day the stock just sells off"