A squid is a male or female that dates your friend. As a result you never see them again. The "squid" usually comes from a separate group of friends and takes that friend away to dark place.
Usually a squid is an overprotective boyfriend or clingy girlfriend.
It's based on a sailor being stolen from his ship by a giant squid and taken to the depth of the sea never to be seen again.
To the depths with ya squid!
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