Gordmans’ Stores (NASDAQ: GMAN) Current Position Presents Good Entry Point For Investors

Negative Sentiment Drives Share Price Down Despite Favorable Economic Climate And Thickening Growth Prospects

Emerging growth retailer Gordmans Stores (NASDAQ: GMAN) has, in recent days, been on the receiving end of negative commentary. As of this writing, its share price of $11.74 is intimately close to its 52-week low of $11.55. This bearish situation precipitated in mid-January after the company lowered its 4Q estimate, highlighting a 4.6 percent dip in same-store sales. At the wake of this slashed outlook, its shares slumped more than 15 percent.

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