Uh . . . you do understand that 20% is 20%?
It doesn't matter if you have one share that you bought at $10,000/share (for example) or 25,000 shares you bought at .40/cents a share. If the value of the stock per share goes up %20/share, you'll reap %20 of your original investment.
BREAK DOWN:
$10,000 worth of shares at .40/cents a share = 25000 shares
Share goes up 20% = shares now .48/cents share
Your shares = 25000 shares * 48/cents = $12,000
Profit = 2,000$, or 20% of your original investment.
Hardly a killing, but better than a kick in the teeth to make 20% in less than a week.
Is this stock price good for Mesa? Hardly. Is this stock price good for day traders? Absolutely.
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This is the quick volatility that attracts day traders to penny stocks. Course you get killed on fee's and short term capital gains taxes.