Korea’s delisting market-cap requirement rose in July 2026 and rises again in January 2027. An actual count puts 174 listed companies below the current line today and 465 below next year’s — 18% of all common shares.
The full blueprint of The Accidental Order’s six-layer screening funnel: every threshold, every stage-by-stage count as measured on 2026-07-18, and the companies the filter structurally fails to see.
Why the usual technical signals fail in thinly traded, overlooked stocks, and how the spread, slippage and market impact of thin liquidity distort candles, indicators and exits.
Monami’s price is being set by the KOSPI delisting market-cap threshold and a wave of retail solidarity buying, not by earnings — and the KRW 50bn bar arrives in 2027.
How stocks end up outside the spotlight, why mispricing survives there, the four traps that follow, and a five-stage screening funnel that narrows 2,600 listings down to 20.
Where Korea’s short-selling data lives and how to read it — short interest, the share of trading, lending balances, overheated-stock designations, and the four most common misreadings.