1. We don't have a lot of capital, unless we have capital like a large fund, that's another story 2. We have to choose company shares that are likely to go up a lot. This IPO is based on a draw. 3. The more capital we invest in an IPO, the higher our chances of getting the IPO. That's why it's important to identify which IPOs have potential. 4. We don't want to waste time applying for an IPO that has no potential for a good return. The important thing. We need some basic knowledge.