Continuity mistake: While King's ranch hands are illegally gathering up the mustangs, Matt gets on the walkie talkie to tell others to go after the black stallion, then when two of the men on horseback chase the stallion the horses they're riding change during this scene - note the white facial markings and coat. (00:04:15)
Continuity mistake: Myron enters his own office after bailing the Simons out, and tells them to get out. Rick, sitting on his chair, lowers the hand with a cigar, but in the reverse shot Gerald McRaney is still smoking it, it's right in his mouth. (00:19:00)
Continuity mistake: When Colt Seavers is chasing the villains in the golf cart, the camera equipment on the back of the cart keeps disappearing and re-appearing.