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Currently you are able to watch "Misty" streaming on Hoopla, UP Faith & Family Apple TV Channel or for free with ads on Peacock, Peacock Premium, The Roku Channel, Tubi TV, Pluto TV, Freevee, DistroTV. It is also possible to rent "Misty" on Google Play Movies, YouTube, Amazon Video online and to download it on Amazon Video, Google Play Movies, YouTube.
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.