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We describe the action of the symplectic group on the homogeneous space of squeezed states (quantum blobs) and extend this action to the semigroup. We then extend the metaplectic representation to the metaplectic (or oscillator) semigroup and study the properties of such an extension using Bargmann-Fock space. The shape geometry of squeezing is analyzed and noncommuting elements from the symplectic semigroup are proposed to be used in simultaneous monitoring of noncommuting quantum variables — which should lead to fractal patterns on the manifold of squeezed states.