I mean it's dangerous because I've seen them pump stocks starting @ 4:00 am and already be dumping them by 7:00 am Also you have to be REALLY CAREFUL because only small stocks way up or down are being traded enough at that time
Some trades like $ICON yesterday need to be avoided
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For 4 am trading I just would use it to sell. Bc like you pointed out I constantly see the price peaking between 4-6 and it goes down the rest of the day
I got burned a few times already. The enticement is there but I'll use premarket as info and wait for the bell. Alot seems to happen in the first 30 mins of trading. It's not a tell all but for a small trader like myself it keeps me in the game longer. VBIV is interesting premkt.