Stevie and Carole naturally blame Veronica when Lisa's school horse, Prancer, starts to act sluggish and unresponsive. However, Phil thinks he knows the true reason.

The Saddle Club girls think that Deborah has asked Max to sell Pine Hollow Stables. They succeed in breaking up the couple, only to realize that Max's happiness is more important to them than any stable.

When a barn fire damages the hayloft and endangers Max's horses, Max comes down hard on Red for his negligence, and Red quits. The Saddle Club girls must find a way to get Red back.