Impeltronics launched the pink version of their magnetic flashlight designed to be used also as a pick up tool for hard to reach areas. In the default shape, the flashlight measures 6.75 inches in length, but you can extend it up to 21 inches. The flexible magnetic head and tail allow you to recover small magnetic objects, while the light is enabled by 3 LEDs and LR44 batteries.
You can adjust the flashlight for multi-directional applications, keeping it close with the pocket or belt clip. Find it in pink and other colors at Impeltronics at $20.99.