Eaary this year after a metoric rise, PTT shares did an expected pullback of equal proportion. Hey, who can blame the folks for taking a profit?Since then, it has risen right back up to the old peak. But this time, it is now very clear this company has the earnings, the leaderhip team, and the wherewithall to execute their strategy with successful results.PTTs earnings this last quarter were raised by the company before the release. After the release, they beat the raised guidance - 19 cents versus 12 cents for analyst concensus. Revenue growth was also stellar. Further, the CEO indicated that things would look even better next year.PTT is the AutoNation of stip clubs. Consolidating them. Buying them up at prices that are accretive to earnings. And merging them into a known formula for success. AutoNation's success was astounding. PTT is following in those footsteps. EXCEPT....auto sales are cyclical, where as sex never goes out of style!
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