WHEN MAX ANNOUNCES that Pine Hollow will begin its own Pony Club, Stevie, Carole, and Lisa are excited to know they're about to become even more knowledgeable about horses. But spoiled Veronica is more focused on riding her new horse than learning how to take care of him. The Saddle Club won't soon forget what happened with Veronica's last horse, Cobalt. And when it looks like she's headed for the same trouble again, the girls are quick to act—but are they already too late?