This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Ron Paul Says He's Not Out of the Race ... Yet

NEW YORK ( TheStreet) -- Ron Paul's campaign insisted it's still in the race, but its explanation clarified very little.

"At this point, [endorsement of Mitt Romney] is still premature, because Dr. Paul is still a candidate," Jesse Benton, Paul's chief strategist, said during a conference call on Tuesday. "I would never say never. I do not believe that that is likely, but we don't deal in absolutes and close everything out."

Ron Paul

Paul's campaign announced Monday that it wouldn't spend any more resources on upcoming primaries so that it could, instead, focus on collecting as many delegates as possible from state conventions.

A snap reaction resulted in multiple news reports that Paul had effectively ended his campaign, but Paul's team reiterated Monday and in Tuesday's conference call that that simply wasn't true.

"That [the nomination] is still up for grabs," said Benton.

But Benton also acknowledged Romney's campaign had spoken to Paul's team about which of the congressman's platforms they could and couldn't get behind -- a practice unsuccessful GOP candidates have used to bolster support for the presumptive nominee.

Shortly after he mentioned communication with the Romney campaign, Benton said it would help Romney earn Paul's endorsement, but he said it would largely be left up to what his supporters want.

"Dr. Paul's calculus, I think, are going to be what his supporters want, and how they're received and embraced," Benton said.

Benton said the campaign would continue to actively grab delegates in Louisiana, Washington, Missouri and Iowa -- states where former Republican hopeful Rick Santorum either won or grabbed a large portion of straw-poll votes.

So though Paul's campaign has said it's still in the race, it also said it has negotiated with Romney about political platforms and said an endorsement isn't impossible.

-- Written by Joe Deaux in New York.

>Contact by Email.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

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
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

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
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
AAPL $109.27 0.00%
FB $88.26 0.00%
GOOG $600.70 0.00%
TSLA $241.93 0.00%
YHOO $31.58 0.00%


Chart of I:DJI
DOW 16,102.38 -272.38 -1.66%
S&P 500 1,921.22 -29.91 -1.53%
NASDAQ 4,683.9190 -49.5780 -1.05%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs