SiriusXM is trading modestly down on lower volume than we previously saw.  If this type of volume remains it will be difficult for the equity to test $2.75.  This leaves us with the potential that $2.75 is a near term crest.  It does not mean a retracement as yet, as it appears to be holding the line at $2.70 well.  This is an early indication of consolidation.  From here it can continue consolidation or try to move up in my opinion.  Be cautious and watch for news.