Google’s Webmaster Trends Analyst and Search Quality Engineer, Gary Illyes announced at Search Marketing Expo East that a new Penguin update may occur next week.He said that this not a simple refresh but rather a large re-write of the algorithm that took Google almost a full year to release.
Though he didnt say if the update or refresh will surely happen next week, there’s big chance that it will. Google’s new Penguin update will make webmasters life “easier a bit” and for most people it will make it a “delight” according to Gary. He also noted that if you disavow your bad links now or about two weeks ago, it will likely be too late for this next Penguin refresh. But he added that the Penguin refreshes will be more frequent because of the new algorithm in place.
So expect some sites gaining back their ranking and those who likely to be hit.