MISTY was a wild pony born on an island off the coast of Virginia. Paul, a boy who lived on a nearby island, captured Misty and her mother, the Phantom. He was on his first ride with the men who rounded up wild ponies once a year. Paul and his sister Maureen helped their grandfather raise these ponies. But they wanted a pony of their own. Would Paul and Maureen make the winning bid for a pony at the auction on their island? You can find out what happens by reading this exciting book.