Around 12/22, the guy we have working on our companies SEO decided to test out a new linklist (full of Web 2.0's, Blogs comments, etc) and blast backlinks directly to my money site (no 2nd, or 3rd tier links.) Wasn't seeing any movement until about the 29th, in which we saw a huge drop on one of our main keywords (from 2nd, to 8th), which stayed 8 until yesterday when it dropped to 9th. So I'm pretty sure we received a penalty on the site, but I was wondering what the best course of action would be to a site that's been recently penalized? I also went and disavowed all of the links in hopes that the bad neighborhood links are discredited... though I've heard this can take weeks. Is it a bad idea to start building links again manually, or should I have him settle down until I see the rank reverts back to its' original position (if it ever does)? Thanks ahead of time!!!