**** oh.. squids are always changing color depending on their moods.. so your tripple screwed

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Did I mention I studied for over an hour?
First sign of danger they turn "invisible" to their attacker. If that doesn't work they shade dark and then drop the smoke(ink) screen. I suppose you can paint them at whichever stage you feel like having your squid.
Stage1) "CRAP...quick light skin light skin. I may still have a chance
Stage2) "Turn darker, crapped my pants and run for it."