Interestingly UBS might have a role to play in facilitating the shorting of the stock. They seemed to have borrowed quite.
I think the current play by hedge funds is to short the stock drive prices down and shake up the current deal. They've already done very well by shorting from 43c to 37c. if they put more fear into the stock they could get it down to 30c
Just thinking out aloud about current trading strategies.
SDL Price at posting:
37.5¢ Sentiment: None Disclosure: Not Held