Shit Backlinks And Still Ranking ! How ?

I was checking the competitor links and i was amazed how this guy is ranking #3 for the keyword.
The Links are total shit and all the anchors are viagra and adult movies.
And one more thing , the content is just so unrelated to the site.

Welcome to Google in 2014.
 
I have the same exact situation happened to me about a few months back. My competitor had his site hacked and was having hundreds of thousands of shitty links with anchors like "tom shoes".

He took #2 position from #10 since the spam started. It does help in the short term. But now (5 months later), the link building has stopped about 3 months ago and he is slowly dropping in ranking.

Not like a drastic drop but slowly dropping. To be honest all this talk about GSA being dangerous to the site and all. I have not seen a single case study where a site got penalized cause of thousands of shitty links.

On the contrary, the shitty links seem to help in ranking for the short term (months).
 
I think he has hid his links from ahrefs and other such sites. Probably pbn. Also the site is under neg seo and whoever is doing that is complete idiot.
 
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