I has a look at your links they at least seemed to be on vaguely related pages, unlike the worst spambot generated paid links.
Some webmasters are scrambling to remove the worst of the junk backlinks in order to improve their profile. Your pretty much stuck with the large number of links you have, seeking only quality links from ranked sites might be the best compensation. And go easy on the keyword anchor text links, no more than 20% o total links.
They then alert Google that there is no longer a connection with these links:
Google's Disavow Tool
http://googlewebmastercentral.blogspot.c...
http://www.seomoz.org/blog/googles-disav...
The smart people at seoMoz have some insights into the Penguin filter.
Some advice on avoiding getting axed by the Penguin SEO spam filter.
http://www.seomoz.org/ugc/5-penguinfrien...
http://www.seomoz.org/blog/penguins-pand...
http://www.seomoz.org/blog/7-achievable-...
Remove some of the low quality links (PR 0 and PR 1) and irrelevant links and links from directories. You can use Disavow tool in webmasters tool.
How did you get over 3000 links if you are only 7 months online? I think search engines suspect you have been purchasing links instead of getting them, or plainly spamming.
I would give you a more precise diagnose, but it goes beyond the guidelines of Yahoo Answers charging you for it; so I will just leave the answer here.
Good luck.
This reason is obvious and you know it as well it looked like the spamming effect and due to which i believe Google ranking has dropped down.i would suggest to start over again with the basic of SEO implementation..
I have a website http://www.cheapwebdesigncompany.net. It is 7 months old. It was under 50 for my all 3 keywords (web design company, web development company and cheap web design) but suddenly it dropped down to 600+ for all keywords.
Is excessive link building is the reason for this?
Here is the link count for my website.
Total Links--3,986 (google webmaster tool)
Home page links- 3,776 (google webmaster tool)
Inner pages links- 210 (google webmaster tool)
Please analyze and suggest me that is it because of excessive home page links?
or
How can i recover my site's position?
