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[edited by: tedster at 4:54 am (utc) on Apr 1, 2012]
[edited by: backdraft7 at 9:01 pm (utc) on Apr 28, 2012]
anyone finding any correlation to internal linking (i.e., contextual links pointing back to the homepage using penalized anchor phrases)?
Correlation is too strong a word, but I have a suspicion
You were lucky, because when I checked a search for V**gra, there were 4places on the first page of 10 results which showed sites that "may harm your computer".
While traffic volume is definitely down (by 300 to 500 unique visits per day over last year and the year before) quality is down even further.
Negative SEO has existed for years..I agree, I was hit a year ago when my links rose from steady 4,000 for years to well over 100,000 in the less than a month, I am still sitting with 22,000 links.