POINT ROBERTS, December 19, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Friday December 16th. NASDAQ soared 1.70 (0.07%) to 2,555.33.

ISTA Pharmaceuticals, Inc. (NASDAQ: ISTA) surged 71.72% to end at $6.68 in Friday's trading session after Valeant Pharmaceuticals International, Inc. made a proposal to the Board of Directors of ISTA Pharmaceuticals Inc. to acquire ISTA for $6.50 per share in cash for a total equity value of approximately $314 million on a fully diluted basis. In addition, ISTA has net debt of approximately $13 million, bringing the total enterprise value to approximately $327 million. This proposed price represents a premium of approximately 67% over ISTA's closing price of $3.89 on December 15, 2011.

 CryptoLogic Limited (USA) (NASDAQ: CRYP) soared 36.71% to close at $2.16 in Friday's session. On December 15, 2011, Amaya Gaming said it is opting buyout of its peer CryptoLogic for $34.5 million in cash, to expand its customer base. In March, CryptoLogic had said it has started a strategic review of its business, including a possible sale of the company. Amaya currently holds about 7.5% in CryptoLogic, may offer $2.50 per common share in cash subject to certain pre-conditions, such as proving it has sufficient funds to complete the offer.

 Deer Consumer Products, Inc. (NASDAQ: DEER) bounced back 22.91% to close at $4.99 on Friday's session after the company reconfirmed its full year outlook and also said that it is on track to pay its quarterly dividend. The comment was followed by a speculation by a distressed online blogger , which pulled the stock sharply lower in the previous trading session.

 magicJack VocalTec Ltd (NASDAQ: CALL) surged 18.16% to $23.94 on Friday's trading session after the company announced the cancelation of its planned stock offering of 1.5 million shares, stating pricing and dilution concerns, while also saying it expects to post record fourth-quarter sales. The company further added that it projects to report $55 million - $60 million of sales for the fourth quarter. Moreover, the company is projecting to show its highest ever cash and cash equivalents amounting $50 million next month.

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