Small Vendors Outshine Corporations at Dems Convention
CHARLOTTE, N.C. (TheStreet) -- Artist Richard Wilson drags a couple of carts of pastel prints into his undersized tent as rain drenches downtown Charlotte. "This is definitely a lesson learned," he said.
Wedged between towers plastered with multi-national corporate names like Wells Fargo (WFC), Bank of America (BAC) (two major employers here) and FedEx, blocks of local vendors decorate a street in downtown Charlotte on Monday for the unofficial kickoff of the Democratic National Convention.
DNC officials had crowed earlier during a Monday morning press conference that this week's convention would be the most open and accessible in history as the city invited the general public to stroll up and down Tyron Street to experience a range of local flavors.
For some, the $650 fee to erect a one-day post amid the convention activities is worth it. But for others, like Wilson, things could have been better.
Wilson, 40 years old, is selling original pastel paintings that depict various black American historical scenes. One painting is of a small child who sits on a bench in a white baseball uniform with the team name "Robinson" and the number "42" printed on the shirt. Behind the small child is a white fence that displays the faded image of baseball legend Jackie Robinson, who broke the color barrier for athletes. Wilson's originals can sell for as little as $500 and as much as $15,000 -- which would easily offset the $2,500 fee it will cost the artist and others who opted to vend through the whole convention. Wilson said on Monday he hadn't sold a single original. Showers that came through Charlotte Monday afternoon drove away potential customers right as business was starting to pick up, said artist Omari Spann. "I'm right under even," Spann said with a smile. "A little on," he laughed, which suggested his sales have matched the one-day $650 vendor fee. Spann is selling charcoal and pencil drawings of President Barack Obama. The pieces he is offering to customers are renditions of various portrait-style pictures that photographers have snapped of the president.Select the service that is right for you!
COMPARE ALL SERVICESAction Alerts PLUS
TRY IT FREEJim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
Product Features:
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
TheStreet Quant Ratings
TRY IT FREENew! $49.95/yr
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
Product Features:
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Stocks Under $10
TRY IT FREEDavid Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
Product Features:
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
- Weekly roundups
Dividend Stock Advisor
TRY IT FREEJim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Product Features:
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
TRY IT FREEAll of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
Product Features:
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Options Profits
TRY IT FREEOur options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
Product Features:
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV