Label inside a Textbox or RichTextBox

[uniquegodwin]

Hello everyone..
Im trying to place labels inside a textbox(or richtextbox) dynamically whenever the user right clicks on a paticular place.I want to dynamically add the label where the user right clicks.And i want the label to move if he places the cursor behind the label and presses spacebar or even if he presses backspace.
I hope somebody can understand what I mean.
Please help me with this..
Thanks so much



Edit:I have tried....but the basic problem im facing is when i try to move the control dynamically by pressing space or backspace.
After placing the label inside the textbox,the text gets hidden behind the label instead of pushing the label to the side.
I want to know what logic can be used to automatically make the text typed to move the label.

An example of this: Place a picture in Microsoft word...place the cursor before it and type,...you'll notice the picture moving forward as you type.If you press backspace,the picture moves backwards.