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Scryb Inc. (OTCMKTS:RYMDF) Stock Sees Selling Pressure At Higher Level

Scryb Inc. (OTCMKTS:RYMDF) dropped 8% after the company and applied intelligence Company announced Mr. Leon Rosenzwaig’s appointment as VP Product Management.

Market Stats

On Tuesday, RYMDF stock moved down 7.67% at $0.1445 with more than 5k shares, compared to its average volume of 26k shares. The stock has moved within a range of $0.1360 – 0.1512 after opening trading at $0.1360.

Scryb Appoints VP Product Management to Support Commercial Efforts Across Product Lines

Rosenzweig is a seasoned product management leader having extensive experience in technology and consumer electronics and will offer strategy and leadership support for commercial activate across the company’s product lines. CEO of Scryb Yoav Raiter said that he is congratulating Leon for the new VP Product Management appointment on behalf of the company. He added that Leon is popular among Canada’s consumer electronics and tech sector, and he was responsible for introducing the first android product in Canada.

Leon is joining Scryb at a vital moment as the company focuses on the delivery of innovative tech, assisting enterprises in achieving their goals. He is a business-oriented product expert and innovator with more than 25 years of product management, partnership growth, customer success, and corporate strategy experience. Over his career, he has launched more than 30 innovative products across the consumer electronics industry. So investors should watch RYMDF.

Key Quote

“On behalf of the Company I would like to congratulate Leon with his new appointment to the position of VP Product Management,” said Yoav Raiter, CEO, Scryb. “Leon is well known to many in the Canadian consumer electronics and technology sector as he was responsible for introducing the first android product to the Canadian marketplace at Rogers Canada. Leon joins the Scryb team at a very important time for our company as we have a new name and renewed focus on delivering innovative technologies to assist businesses achieve their goals.”

Traders Corner

RYMDF stock is trading below the 10-Day and 20-Day Moving averages of $0.1446 and $0.1492 respectively. Key pivot supports are 0.1214, 0.1287, 0.1366 and resistances are 0.1518, 0.1591, 0.1670.

Published by Jon Williams

Jon graduated from the University of Michigan with a degree in finance. He is an avid investor and enjoys reporting on the markets. When he is not in front of a computer he enjoys playing golf and watching basketball.