Well we made it to the vet. It was pretty much what I thought was going on.
Vet did a lameness exam. No lameness, said he moves very lightly and wonderfully lol. Starred at his legs. Contracted tendons, which is why he bounces on his knees. At this point he said exercise and riding would be fine. He wasn't going to do any x-rays, then decided might as well. Did four, front and side view of each knee.
His knees are open still. Some aggravation or something along the outside of the knees. I forgot to take photos of the xrays... my bad! :( So at this point it was decided no riding, and to get him onto pasture for 3-4 months, then we would xray again.
He is on bute for 2 weeks, 1 gram a day. Bought the powder stuff to throw on his oats. The vet wants him on bute to calm down the contractions in his tendons. So he will be in still for another couple weeks.
He also suspects his knees haven't closed due to low testosterone before being gelded. He was gelded last February just before turning two. It makes some sense... he was never aggressive as a stud colt. He's stayed the same mellow after being gelded.
The vet who initially came out for his leg injury said his leg is looking awesome.
So I am bummed about it, but I knew that was pretty much what the outcome would be. I'm in no rush though- Walter is going to be with me for life, so I'd rather have him sound, rather than running him down and having him fall apart too soon.
It is also his 3rd birthday today... <3