Huge drop after moving to https. What to do?

I have a site which had penalty a year ago and I did a reconsideration which worked. Now i tried to move it to ssl with a redirect from http to https and the site dropped from the serp as if the penalty returned to the https version of the website. It's almost exactly what happened to this guy here.

I reverted back to http, so now there's no redirect. I also added a sitemap to webmasters tool so that maybe google will forget about the https pages (it's still pending). but it seems as though google doesn't return the positions and keeps remembering the https pages (when doing site: I see both http and https pages) and almost all my positions went from 2-5 to 50 (if the http page is there then the position is the old one, if it's the https it's 50 or not seen in the results at all).

What should I do? should I:

1. wait and see if google forgets about the https pages and remembers to rank the http pages as there is no 443 port and it gets 404 not found for https pages currently (it's been a day and nothing changed yet). I'm afraid that the juice flowed to https and then it's not found and I'm screwed.

2. redirect the https to http and see if that helps. in this case I'm afraid I'll be moving the penalty from https to http and then I'm screwed.

Anything else? how can I tell google to simply revert back to http without having to redirect https back to http? need your help as this is my main source of income.

It's a problem to only redirect a few pages to the original http, as the actual port 443 is closed.
Really not sure what to do next and confused. Anybody experienced something like this?

General question:
If there were no manual penalty before and you switch to https might there be a risk of loosing positions, even when you 301 non http to https?

You should have just left it on https. Your positions will naturally fluctuate as your backlinks get recrawled and have to redirect and Google figures out your site again. I did this not long ago and my positions are only just getting back to where they should be. That and building new https links. But if you have a penalty you're going to have to resolve it either way regardless of http or https.

With SSL, traffic will drop initially, i myself had moved to SSL in past and there was a huge drop in traffic, but in long run it will recover when you submit new url to webmaster and sitemap, redirect are totally ok. And SSL increases the visitor confidence as well. So if you take my advice, stick to yout SSL for a month and report back.

have you switch your prefered domain on webmastertools also to https?

I assume you redirected all links to https to avoid all old links being 404? Or maybe had your tech team do a proper and full 302 map to reflect the new site location? If not, you just 404 all your links.

There is always a drop in the beginning because all of your links are pointing at http and Google needs time to process the 301s to your site and give the HTTPS version the link credit. 301s don't take effect instantly in terms of ranking.

after redirected to https its take some times which is around one week. you should wait for it.

if you are get penalized by google again check in google webmaster tools whats are the new issue.

You may have found a bug there where the penalty subsides for the https version. It's totally logical explanation.

Google should not treat http and https as two different sites IMO. This will cause duplicate content issues and several other complications.

http and https should be merged in Google's algorithm into one site, it should be neutral with how a site is accessed and perhaps give a little bonus to https

Thanks for the comments guys. After the migration and redirection to https from all links, we still find many URL's with the old, regular http.
Meaning after doing a search for site:mydomain.com, we get both https and http links. Will this persist? Basically, all of those links are re-directed.

On the same note, if you would no-index these, similar to tags or no value pages, when would you typically stop seeing them when searching for your domain?

Anyone?

I have moved several sites to https without losing any traffic or serps. Maybe you did something wrong? Anyway, you should keep your site in https. Google will understand your move in a few weeks, but i dont know about the penalty.

It's only natural that your site will drop from serp. Depending from the size of your site and crawl speed, it is possible that you will see a decline after the move. Changes doesn't happen right away if you updated something from your site. You should give it some time.