Textbox anchored to a form on all 4 sides not displayed properly

Friend WithEvents txtRecommendationText1 As System.Windows.Forms.TextBox

<System.Diagnostics.DebuggerStepThrough()> _
Private Sub InitializeComponent()
    Me.txtRecommendationText1 = New System.Windows.Forms.TextBox

    ' ...snip...

    'txtRecommendationText1

    Me.txtRecommendationText1.Anchor = CType((((System.Windows.Forms.AnchorStyles.Top Or System.Windows.Forms.AnchorStyles.Bottom) _
                Or System.Windows.Forms.AnchorStyles.Left) _
                Or System.Windows.Forms.AnchorStyles.Right), System.Windows.Forms.AnchorStyles)
    Me.txtRecommendationText1.Location = New System.Drawing.Point(4, 127)
    Me.txtRecommendationText1.Multiline = True
    Me.txtRecommendationText1.Name = "txtRecommendationText1"
    Me.txtRecommendationText1.Size = New System.Drawing.Size(223, 149)
    Me.txtRecommendationText1.TabIndex = 10
End Sub