I confess I haven't read all the posts in the Google SERPs threads, but I have been following them and haven't noticed anyone talking about a similar problem that I found on one of my websites this morning.
The site appeared to lose Google traffic on or around the 24th of April, so I'm assuming I got hit by Penguin.
Today I dug a bit deeper into my stats and found that my home page appears to have been dropped from the SERPS but only for certain keywords.
So, for example, for the keyword 'widgets' I used to rank in the top ten with my home page, I now rank forty-something but with another page. However for 'red widgets' I still rank where I used to rank pre-24th and still with the home page.
I have no webspam messages for the site in WMT.
Anyone also noticed something similar for a home page? Is this a symptom of Penguin or possibly another algorithm tweak? Anyone any thoughts on how to recover from this 'penalty' if indeed it is a penalty?
JB