Submarines against the Wake Island invasion

Could submarines near Wake Island disrupt the Japanese landings long enough for relief to arrive?

Yes, if they strike troop-carrying ships before unloading and have functioning torpedoes rather than historical Mark 14 failures.

Timing and target selection matter more than simply placing submarines near Wake Island. The boats must attack transports before their troops disembark rather than chase escorting warships. Historically unreliable Mark 14 torpedoes would have to function for the plan to produce enough sinkings. Against the first attempt the transports and tender are the key targets, while the reinforced second attempt also exposes troop-carrying cruisers and carriers.