Happy Friday, everyone! As we wind down the week, I wanted to share some quick thoughts on $BNZI, touching on its float and the impressive growth potential of its products. Communicated disclaimer, nfa.

The Float and Technical Setup:

• With a sub 10M float, $BNZI has the ability to see outsized gains with minimal volume.
• While low volume can work wonders, I always hope for stronger volume trends to push moves further.
• The technicals I mentioned yesterday remain solid, and our price targets remain unchanged!

What Makes BNZI Scalable?

Demio:

• BNZI’s flagship SaaS product, a webinar platform designed for live and on-demand audience engagement—spot on for the growing trend of virtual interaction.

Complementary Tools:

• Boost supports event registration sharing.
• Reach drives attendance and registrations, boosting event visibility.

Big Move – OpenReel Acquisition:

• In December, BNZI acquired OpenReel, skyrocketing their TTM revenue by 152% to $10.9M—positioning them as a growing player in the SaaS industry.

Wrapping it up, BNZI stands out as a low-float SaaS opportunity with a solid product lineup and impressive growth moves. Keep it on your radar, and feel free to drop any questions or thoughts below!

Sources: 1, 2, 3