Hmmmm, I stand corrected, 6 torps, not 5!
About 14:20, the carrier turned into the wind to launch eight fighters and 18 SBD-3s and to recover eight F4F-3s and three SBDs that had been airborne since before noon. The ship rapidly completed the recovery of the 11 planes, she then turned easily to starboard, the ship heeling slightly as the course change was made. The air department at flight quarters, as they had done in earlier operations, worked coolly at refueling and respotting the ship's planes for the afternoon mission. Suddenly, at 14:44, a lookout called out, "three torpedoes ... three points forward of the starboard beam!"
A spread of six torpedoes, fired from the tubes of the B1 Type Japanese submarine I-19, churned inexorably closer. Wasp put over her rudder hard-a-starboard, but it was too late. Three torpedoes smashed home in quick succession. In an odd occurrence, one torpedo actually broached, left the water, and struck the ship slightly above the waterline. All hit in the vicinity of gasoline tanks and magazines. The rest of the spread of torpedoes passed ahead.
The USS Wasp on fire shortly after being torpedoedIn quick succession, fiery blasts ripped through the forward part of the ship. Aircraft on the flight and hangar decks were thrown about and dropped on the deck with such force that landing gears snapped. Planes triced up in the hangar overheads fell and landed upon those on the hangar deck; fires broke out almost simultaneously in the hangar and below decks. Soon, the heat of the intense gasoline fires detonated the ready ammunition at the forward antiaircraft guns on the starboard side, and fragments showered the forward part of the ship. The number two 1.1 inch mount was blown overboard and the corpse of the gun captain was thrown onto the bridge where it landed next to Capt. Sherman.
Water mains in the forward part of the ship proved useless, since they had been broken by the force of the explosions. There was no water available to fight the conflagration forward; and the fires continued to set off ammunition, bombs, and gasoline. As the ship listed to starboard between 10 and 15 degrees, oil and gasoline, released from the tanks by the torpedo hit, caught fire on the water.
Don't forget Indy, Wasp was readying and launching planes when she got hit, the Japanese at Midway learned that is not the best time to have planes and fuel and unstored ordinance laying around umprotected on a ship.
I can see Scotty telling the Wasp's C.O. "Main energizers out captain, and damage control is screwed."