Remove the action, then add it back on a different hook.
I think the only concern you could have with doing this is ensuring you do that late enough for the action to have been hooked, it should possible using the plugins_loaded
hook(because that runs after plugins have loaded).
add_action( 'plugins_loaded', 'juggle_sharethis_action' );
function juggle_sharethis_action() {
remove_action( 'wp_head', 'st_widget_head' );
add_action( 'wp_footer', 'st_widget_head' );
}
Actions
http://codex.wordpress.org/Plugin_API/Action_Reference
Adding actions
http://codex.wordpress.org/Function_Reference/add_action
Removing actions
http://codex.wordpress.org/Function_Reference/remove_action