netmeg - 5:19 pm on Dec 19, 2011 (gmt 0)
Poor Business Model
I think when you are diagnosing Panda, you need to go back behind the website. Are you tossing up a stock shopping cart site with products gleaned from a manufacturers/affiliate RSS feed, like a thousand other sites? Has your (once original and unique) static site remained largely static, while others around you have progressed? Are you doing anything that is immediately and obviously different (and better!) than anyone else in your niche?
I have been shown pandalyzed sites that looked pretty darn good to me, until I went and looked at the niche and there were hundreds of other sites that were doing essentially the same thing in essentially the same way. Only so many of those are ever gonna rank.