Iron Mounting Turning Into Mole Hills

Iron Mountain has a terminal core business that is losing physical document storage at the local level to local competitors with "in town" connections. The shredding business is dying quickly. The data storage that they spent mountains of money on is plagued by inadequate resources and a shit sales team. The company has a huge debt and only held on in the recent quarter BECAUSE business slowed. As offices get back to work, Iron Mountain will lose more document storage contracts at the local level. And, they will never put a dent in the data storage space competing against the tech titans. The company will sell the data storage business and cut the dividend to survive, not necessarily in that order. Technicals show a price in the teens soon.

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The Elliott Wave isn't exactly right, I just wanted to show potential dive pattern.

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Iron Mountain has rode the liquidity rally like many other zombie stocks. Look for chances to get short this stock as the company is in trouble. Very easy to see it head to mid or lower teens in 2021.