I have a site which is acutally 13 years old i bought it two years ago. It already had a lot of back links. All i did was submit high quality articles with my keywords to blogs and article directories. Sites that have 1000's of blog comments and are only 8 months old are out ranking me. what is wrong do you think google gave me a penalty? I never ranked higher than page 8 for my keyword. Why would I get penalized when I submitted high quality articles and other people are spamming blog comments and are beating me what wrong?
I don't think Google gives penalty for your site. Please check once & if not, then wait for some time & collect more backlinks so that you can achieve good ranking for your targeted keywords
Google never be penalized your site. Their can be more powerful link more that your links. Because we can not find out total no. of any website.