I track 4 main keywords keyword 1 - 3rd dropped to 5th yesterday, keyword 2 - 2nd to 3rd keyword 3 - 2nd no movement keyword 4 - bouncing between 2nd and 3rd Im seeing a lot of bouncing on keyword 2 and 3, so as the update is still getting rolled out, the serps are dancing (and probably will continue for the next day or so) Im wondering, as i've only lost a few spots, this doesn't look like a result of penguin (from what i've read) as the losses are fairly minor. Whenever I have heard about people getting hit in the past its usually from a page 1 result to having fallen off google for the main terms tracked. Other lesser tracked terms seem to take a nose dive. Some of my rankings have increased, some have dropped. Just wondering if this is penguin, or just me getting caught in the cross fire from changes other sites are seeing? Link building for this site has been manual 2.0 when i initially set it up (around september last year) I have 1 domain 301'ing to it (that domain was only a few weeks old, i changed the brand name, which is why i implemented the 301) Since the panda update in May my only link building has been guest posting, manual outreach to share my content and interviewing other bloggers / sites.