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originally posted by: CthulhuMythos
To me it's shape looks lumpy, could it be a meteor/chunk of rock from space? When it goes in and out the water it could be like a stone skipping the water surface and when it splits in two the seem to have the same profile which would happen if a rock chunk split in half (maybe due to the impact of the water) and then it disappears, into the water? It's size also suggests it could be a rock chunk rather than a space ship.
3 to 5 ft. is way too small for a manned craft...unless we're dealing with evil alien hobbits.