[ That would mean ceding not only North Carolina but also Colorado, Florida, and Virginia to Romney]
He’s not “ceding” anything. Obviously, his internal polling shows he doesn’t have a chance in these states.
Now’s he time to make a donation to Romney/Ryan for the final push.
Yes. That's the point.
He is ceding the battles in those states because he cannot win those battles. He'll be moving his forces (ad money) to other states to try to salvage them.