Watch Fmovies. Based on the short story by Nikolai Gogol, this blackly comic fairytale is about a lonely social outcast who, in an effort to raise his status at work, spends all his money on a new overcoat, which seemingly gives him the approval he craves. But when it's stolen from him, he cannot return to his previous life of anonymity, leading to a downward spiral from which there is no return.