The Palooka gang is out of money again, and Knobby and Johnny try to raise some quick cash by selling phony watches. Their first sale is their last, when a burly customer realizes he's been had. Next stop, Joe, Knobby and Punchy load up at a local diner, and Knobby has a scheme to skip out on the bill. Of course, the diner owner turns out to be their watch... see more