RE: Bullish I would agree.
When the analyst's turn very bearish is usually when things turn.
If PMG's stock stays as low as it is, I believe it will taken out by Xmas. PRE is looking to grow their "light oil" business, and PMG would be a perfect fit. PMG's market cap is less than 10% of PRE's so easy to buy, and the multiples would all be accretive for PRE (price to cash flow, price to earnings, price to book value, etc.).
TOTAL and Conoco may also be interested buyers. PMG is immaterial for them.
Our Q3 divi was confirmed tonight. AND they are buying in the market every day - (check the "marked trades" on INK's reports) - PMG is buying around 45,000 shares per day.