I have been tracking the giant squid you are talking about. It is the black shadow of a squid in Aqua Grabber, right? First of all, you either encounter it or not; no matter how long you wait or fiddle around elsewhere, it only appears in one spot, every time. If it doesn't appear there on that attempt in that spot no matter what else you've been doing in that level, you have to exit out and start the level over again. Second, you cannot interact with the squid at all. You and your "aqua grabber" are on a 2-D plane. Notice all of the "background" objects "behind" you. You can only move left, right, up, and down, essentially on 1 "plane". The squid is on a plane behind you. It comes out of a ridge on its plane, moves on it's plane, and then shoots off across the screen behind another ridge on it's plane.
I've been tracking this rare phenomena, finding probabilities of encounter. From my research so far, the squid will appear, at the least, on your second attempt, assuming you start from scratch. And I have not seen it appear, on a first try from scratch, later than your tenth attempt. This isn't 100% proven to be accurate, so more research is needed.
To see the giant squid on club penguin just go play aqua grabber! Oh and if you do see the squid you get a stamp.
There is not a squid you can find.
A giant squid period
You have to spot the squid in the corner at the bottom of Aqua-Grabber.
go on i have a code and put in squid tastic
at the pool underground
You wait at the bottom
at the plaza
Honestley i dont know im trying to find it
you just wait but i think i got lucky
The squid costume comes from the stage play
go on puffle rescue on the black puffle and follow the squid