Ok, so I finally tackled this project (somewhat). I wasn't ready to have the fenders rolled, but I did want to address the bulge in the fender.
I didn't want to use a conventional fender roller, nor a baseball bat or rubber hammer.
So I bought this silicon roller from Home Depot, thinking it would do the trick. (My wife in the background - and no, I'm not trying to erase her

).
I assembled my "tools" - heat gun, paint tape, roller. Jacked up the car enough to provide room to work without needing to remove the wheel.
I taped the area, applied some heat, and used elbow grease to work the area. Right or not, I liked the somewhat soft feel of the roller.
End result:
It hasn't solved my issue per se, but it only had become one due to the combination of full compression of the shock while doing a sharp turn.
Jason