Cannot copy pvm file from one drive to another

I installed a smaller sized SSD today. My original drive is cloned and parallels folder is one among those which is on the external drive.

I would like to move the pvm file of "Windows 7 64 bit" to my SSD.
I have Parallels 7 installed.

But it fails because there is a permission issue.
I have attached an image.
What could it be!?

I tried everything. Straight copy in Finder fails.
Clone from within Parallels - fails.
Copy with Carbon Copy Cloner - surprisingly the machine hung.
I have even tried to copy the file from another HDD but that also gives the same error.

And finally, the Virtual MAchine does run fine from the external HDDs.

Please help!!

A link to the attached image:

https://www.evernote.com/shard/s1/s...759fc43804fb/7fd5a58b5f683307e7c0fb3c1326bbe3

 

Tami, check this article:
http://reviews.cnet.com/8301-13727_7-20011058-263.html

 

Thanks @MLittleR!

I will check it out and try those steps.