If you were able to hack into the NASDAQ computer, you would probably also see a lot of buy orders waiting at $0.0016 and $0.0015 too. They never show you the whole range of orders only the current near proximity orders. So, talking about how many orders are waiting at a certain price level does not really tell you very much. If you were able to see the bigger picture, it might. But, when you learn to read the charts through technical analysis, there are a whole lot of clues that large block traders look for in there efforts to buy at the optimal price. It helps you to understand how they think and what they are actually doing. It's often very easy to make an educated guess at where the largest number of buy order will most likely be waiting. They also understand the significance of buyer and seller emotions and the influence the moon plays on the tides and a traders blood pressure!