Faulty logic. Huckabee’s overall support is dropping.
If Fred shows well, SC will know they have another choice.
I expect Fred to place a strong 3rd, which is fine, or maybe even tie [finish very close] with Huckabee for second place. I think Romney will pull off first place because his money did at least buy him a very good organization which will get out his vote. However, I don’t think it will be enough to save him nationally.
I agree with you, if Fred finishes a strong 3rd, and if Romney wins Iowa, he will be in a better shape than ‘yesterday’. He will then need to compete against Huck in SC.
The bottom line is Fred has to finish in 20%+ to stay competitive.