I am using latest version of the tablesorter plugin and I need to sort a column in a special way.
Values can be like this:
I need to order by the date, so values like Q4 (31-12-2010) should show up as the first
The date format is like: dd-mm-yyyy
Is this even possible?

I redid this using their custom parsers
http://jsfiddle.net/rTrqz/2/
Seems work work for your purposes.
The important parts are here: