Did Ron Paul just drop out of the race?

I just received and email from the Ron Paul campaign that struck me as odd. It sounded to me like he’s dropping out for lack of money.

“Moving forward, however, we will no longer spend resources campaigning in primaries in states that have not yet voted.  Doing so with any hope of success would take many tens of millions of dollars we simply do not have.”

Perhaps he’s just saving funds. I expect that he will be in Florida come August.

I don’t think this message could have come out at a worst time. Frankly, I’m confused by it.

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