suitable LayoutManager for resizable components
import java.awt.*;
import javax.swing.*;
import javax.swing.border.*;

/**
 */
public class DragLayout implements LayoutManager, java.io.Serializable
{
    public DragLayout()
    {
    }

    /**
     * Adds the specified component with the specified name to the layout.
     * @param name the name of the component
     * @param comp the component to be added
     */
    @Override
    public void addLayoutComponent(String name, Component comp) {}


    /**
     * Removes the specified component from the layout.
     *
     * @param comp the component to be removed
     */
    @Override
    public void removeLayoutComponent(Component component)
    {
    }

    /**
     *  Determine the minimum size on the Container
     *
     *  @param   target   the container in which to do the layout
     *  @return  the minimum dimensions needed to lay out the
     *           subcomponents of the specified container
     */
    @Override
    public Dimension minimumLayoutSize(Container parent)
    {
        synchronized (parent.getTreeLock())
        {
            return preferredLayoutSize(parent);
        }
    }

    /**
     *  Determine the preferred size on the Container
     *
     *  @param   parent   the container in which to do the layout
     *  @return  the preferred dimensions to lay out the
     *           subcomponents of the specified container
     */
    @Override
    public Dimension preferredLayoutSize(Container parent)
    {
        synchronized (parent.getTreeLock())
        {
            return getLayoutSize(parent);
        }
    }

    /*
     *  The calculation for minimum/preferred size it the same. The only
     *  difference is the need to use the minimum or preferred size of the
     *  component in the calculation.
     *
     *  @param   parent  the container in which to do the layout
     */
    private Dimension getLayoutSize(Container parent)
    {
        Insets parentInsets = parent.getInsets();
        int x = parentInsets.left;
        int y = parentInsets.top;
        int width = 0;
        int height = 0;

        //  Get extreme values of the components on the container

        for (Component component: parent.getComponents())
        {
            if (component.isVisible())
            {
                Point p = component.getLocation();
                Dimension d = component.getPreferredSize();
                x = Math.min(x, p.x);
                y = Math.min(y, p.y);
                width = Math.max(width, p.x + d.width);
                height = Math.max(height, p.y + d.height);
            }
        }

        // Width/Height is adjusted if any component is outside left/top edge

        if (x < parentInsets.left)
            width += parentInsets.left - x;

        if (y < parentInsets.top)
            height += parentInsets.top - y;

        //  Adjust for insets

        width += parentInsets.right;
        height += parentInsets.bottom;
        Dimension d = new Dimension(width, height);

        return d;
//      return new Dimension(width, height);
    }

    /**
     * Lays out the specified container using this layout.
     *
     * @param     target   the container in which to do the layout
     */
    @Override
    public void layoutContainer(Container parent)
    {
    synchronized (parent.getTreeLock())
    {
        Insets parentInsets = parent.getInsets();

        int x = parentInsets.left;
        int y = parentInsets.top;

        //  Get X/Y location outside the bounds of the panel

        for (Component component: parent.getComponents())
        {
            if (component.isVisible())
            {
                Point location = component.getLocation();
                x = Math.min(x, location.x);
                y = Math.min(y, location.y);
            }
        }

        x = (x < parentInsets.left) ? parentInsets.left - x : 0;
        y = (y < parentInsets.top) ? parentInsets.top - y : 0;

        //  Set bounds of each component

        for (Component component: parent.getComponents())
        {
            if (component.isVisible())
            {
                Point p = component.getLocation();
                Dimension d = component.getPreferredSize();

                component.setBounds(p.x + x, p.y + y, d.width, d.height);
            }
        }
    }}

    /**
     * Returns the string representation of this column layout's values.
     * @return   a string representation of this layout
     */
    public String toString()
    {
        return "["
            + getClass().getName()
            + "]";
    }

    public static void main( String[] args )
    {
        ComponentMover cm = new ComponentMover();
        cm.setEdgeInsets( new Insets(-100, -100, -100, -100) );
//      cm.setEdgeInsets( new Insets(10, 10, 10, 10) );
        cm.setAutoLayout(true);

        JPanel panel = new JPanel( new DragLayout() );
        panel.setBorder( new MatteBorder(10, 10, 10, 10, Color.YELLOW) );

        createLabel(cm, panel, "North", 150, 0);
        createLabel(cm, panel, "West", 0, 100);
        createLabel(cm, panel, "East", 300, 100);
        createLabel(cm, panel, "South", 150, 200);
        createLabel(cm, panel, "Center", 150, 100);

        JFrame frame = new JFrame();
        frame.setDefaultCloseOperation(JFrame.EXIT_ON_CLOSE);
        frame.add( new JScrollPane(panel) );
        frame.pack();
        frame.setLocationRelativeTo( null );
        frame.setVisible( true );
    }

    public static void createLabel(ComponentMover cm, JPanel panel, String text, int x, int y)
    {
        JLabel label = new JLabel( text );
        label.setOpaque(true);
        label.setBackground( Color.ORANGE );
        label.setLocation(x, y);
        panel.add( label );
        cm.registerComponent( label );
    }

}