Stream Pinocchio Online Free – Watch Full Movie from Home at 123Movies. . A bawdy burlesque version of the famous fairy tale, Geppeta is a frustrated and nubile young virgin. She carves Pinocchio as a gorgeous young hunk. Geppeta's fairy godmother magically transforms the young stud into a living man, who is quickly brought to work in the local whorehouse as a prize stud and exhibitionist.