I've wondered this for a while - 1 whole day. What do thieves do with stolen bikes. I would assume any smart thief wouldn't immediately try to flip on ebay or craigslist for risk of getting caught. My initial thought is that thieves probably ship bikes to other states to sell at used LBS. But that is pretty big time theft. What about small bike thieves? Yes, i understand they can be that dumb, but how often are they getting caught?