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James Parsons given the order of the boot – Coro suspended: and there is more to come

By Tom Winnifrith | Thursday 25 April 2024

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

Once upon a time James Parsons appeared to walk on water. Folk like Brokerman Dan waxed lyrical about how the Parsnip could create value from nothing. Zak Mir’s charts looked great. They always do. In reality it was all a great promote and the castle built on sand that was Sound Oil/Energy (SOU) crashed to earth. Today shareholders in Coro Energy (CORO) have voted Parsnips off its board and its shares have been suspended. I can reveal that worse is to follow…
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