Volume has increased significantly on PTRC since the beginning of 2017. It will need that if it's going to move. I'd personally have to wait until it trades over $14 a share before I'd get into it. Big institutions, hedge funds, banks etc.., typically don't buy stocks that trade less than $14. They buy huge positions and that's what is needed to move a stock and add liquidity to the trade ( you don't want to buy a huge position at $2.50 and find no sellers available other than at much lower prices).
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I understand your tactics. But it's my tactic to buy it before the big institutions and hedge funds come in. It's more risky but the profits are much higher. I only buy stocks early when my analysis are good and I think it's an high valuable stock. 99% of the time you don't find that kind of stocks on the market.