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Cobra scales were going for 17.5g apiece on my server right before the vendor hit. I put a bunch up, and I was the only seller. The result is that since the vendor popped I've sold 4 stacks of two scales at 70g, 2 stacks of two at 80g, 3 single scales at 40g, and 2 singe scales at 50g. I also managed to buy up somebody who undercut me at 25, sold for 40 a half hour later.
My nethercobra, the only one on the AH at 650g, has not sold in 24 hours, despite only being 250g more expensive than the cobrahides are listing at.
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