Not true at all. I shot 3x deer with the 2 blade rages last year and all had exit holes. As a matter of fact all 3 were pass throughs including two of them that were hard quartering away shots that took out multiple ribs as well as passing through the thin part of the shoulder blade on the far side. One of the quartering away shots was a 43 yard shot as well. I have shot a lot of big diameter expandables and typically they do seem to rob energy, but the rages are really a different head.......they penetrate as well as my 1.25" rocket steelheads did at least. I think you hear more about entrance holes with these heads not because of lack of exit holes, but because the exit holes are pretty normal sized holes for a broadhead. The entrance holes though are anything but normal.........they look like hatchet wounds.