Hi Starling. I am a fellow PCLN short.

I am afraid I can't read much into the technicals. But I liked the price action on the Prince Alaweed story - sell the bounce hard!

Also, concept stocks are still being dumped, and I do believe the NASDAQ has to get to 2200 by Labor Day to restore some value.

Whenever I read the PCLN board I too get a little spooked by the cheerleaders there saying what a great business model it is and yes that it will soon go cashflow positive.

I aim to close out within a month (before they go cashflow positive).

Good luck - it's gone down well so far anyway and insiders seem to be dumping it like a hot brick!!