Hate to bust your little gangsta hearts (or whatever kind of hearts you have) but squeg is a pre-existing word.
–verb (used without object), squegged, squeg·ging.
(of an
electronic circuit or component) to produce an output that oscillates between a certain maximum and zero, especially when due to the effect of a grid.
Origin:
1940–45; blend of squeeze and peg
Note: “Squeg” is
not to be confused with “squegg” which means to either be
disinterested in gender or to try to freak someone out.