This is a traffic cone, printed on a Makerbot rep2.
The color percentages are put like we call it "from the eye", and I am quite amazed that it turned out this good.

It can have a use as a ring holder.
P.S. the base is not hollow so you cannot stack them on each other.

For those that want to print this, and have the time and energy to change filaments 6 times.... the printing sequence works like this.

Start with red and continue up until 35%.
Put white and continue up until 47%.
Put red and continue up until 60%
White until 70%
Red until 80%
White until 90%
Red until 100.

Like always, this is inspired by search engine page 1.
If you want to help a brother out check http://facebook.com/free3dcph
Enjoy !

UPDATE!
I have added a file traffic_cone_hollow_base for those that want to stack the cones. Idea by mb20music.