Misty ending explained
Spoiler summary page for informational search intent.
What happens at the end?
Every year the Chincoteague fire department rounds up the wild ponies of Assateague Island and holds an auction to thin out the herd. The young children set out to raise enough money in hopes that the Phantom will be caught in this years round up. They soon realize they will get more than they bargained for when the Phantom has a surprise for everyone: a foal named Misty.
Why it matters
The ending resolves the main conflict and sets up the emotional takeaway of the story. As the index grows, this block can be auto-generated with more detailed scene-level commentary.
FAQ
Does this page contain spoilers?
Yes. The explanation summarizes major ending events and interpretation.
Where can I find similar endings and themes?
Check the similar movies page for related tone and narrative structure.