We show that the Poincaré series of the Fuchsian group of deck transformations of ${\mathbb C}\setminus{\mathbb Z}$ diverges logarithmically. This is because ${\mathbb C}\setminus{\mathbb Z}$ is a ${\mathbb Z}$-cover of the three horned sphere, whence its geodesic flow has a good section which behaves like a random walk on ${\mathbb R}$ with Cauchy distributed jump distribution and has logarithmic asymptotic type.