Wilburforce - 7:57 pm on Jun 8, 2012 (gmt 0)

Overall my Penguined sites initially had a 1 page drop which then got worse and they are now -50

That is my experience, too, and

I am starting to think my problem is off page

I am pretty sure mine is off-page, and

Perhaps a reranking cannot occur until they run Penguin again?

I can't be sure that the off-page issues are the problem until they reindex the third-party pages AND THEN run Penguin again.