Absolutely correct, the only problem is a folder can't have the mass and momentum of a larger, fixed blade, but this secondary point also works miracles on slash.
In regard of the idea that tantos are good for punching trough some barrier material, here is a picture that saves about a thousand words - the one designed for stabbing, obviously penetrated better ( and with less force).
All of them different, but all - amazing knives.
This was done just for fun, in a no good,
flat tire, my observation was that the thinner the blade is, the better the penetration is, in addition to the sharper angle at the tip.