A slip style bobber comprising a hollow central housing constructed from a first mating half and second mating half. The hollow central housing includes a mounting member for the attachment of a pair of printed circuit boards having a replaceable power source, a switch, and a light source. A pair of tubes arranged coaxial are received within mounting member and extend from the interior of the housing to the exterior of the bobber. The bobber is water tight and constructed out of a translucent plastic to allow for illumination of the device during low light conditions. The bobber is multi colored and reversible.