Turnout.
Nevada Republicans had no idea what a caucus was like. I'm very happy about our placement in Nevada, and the general disorder in the race for the GOP nomination. We have many, many more opportunities to rack up a lot of delegates.
But we could have easily lost this contest to other candidates if the turnout had been more significant.
We've never been trying to win these contests by majority anyway. That is an impossibility. We've been trying to use the crowded field and our dedicated grassroots to push the campaign forward and persevere past the other candidates since there is no consensus.
We have a lot of money left, we'll get some more tomorrow, and there are many, many states left to go. If this is a four man race after Florida, we will have a lot of delegates in our column, and we won't even need to win many States to get them.
A McCain, Huckabee, Romney, Paul race is a great matchup, because many McCain voters and some Huckabee voters are actually second choice Ron Paul voters. And the further we get from South Carolina, the less important Mike Huckabee will be. He has no organized national following.