Volume Spike Investor

Garmin Ltd. (NASDAQ: GRMN) is soaring in pre-market trading on an odd analyst call.  The GPS leader was Raised to Buy at BofA/Merrill Lynch and at 8:31 AM EST we have seen only about 8,000 shares trade hands.  But the 5% move to $37.90 is what will lead the trading volume here today.  The 2.9 million share average volume should be hit early on… BE ADVISED that the 52-week high is listed as $38.95.  That is a far cry from the old $100+ stock high, but a 52-week high is a 52-week for many traders. -JON OGG