Where are stolen bikes sold? I live in a city on the east coast. I recently had my bike stolen. The frame was locked to a bike rack using a u-lock. They either picked or cut the u-lock.

My simple question is: where do thieves sell stolen bicycles?

More specific questions:


If they sell them on Craigslist, how far away are they likely to sell them? Surely not the same city, right?
Are they likely to wait a few months before selling them, in order to let the heat die down?
I imagine flea markets and bike swaps are dangerous places to sell bikes?
What are the top sites on the internet?


Any input is helpful!
I think that there are two kinds of bicycle thieves:


Opportunistic 
Professional


An opportunistic bike thief is most likely and opportunistic petty criminal, getting their hands on whatever they can. This kind of thief is just looking for pennies on the value of the stolen items, and will likely try to sell them at a pawn shop or flea market. I suggest checking local pawn shops and the like with your bike receipt and serial number in hand. Do this ASAP 

If your bike was expensive and your lock was cut, you may be dealing with a more professional thief. These folks will go through greater pains not to get caught by parting out the bike, or selling it in a different location. In this case, keep your eye on Craigslist in both your area and areas around you, on websites like letgo, or on local Facebook buy/sell groups.

Good luck!