C# – Despite double buffering, the ticker still flickers

Does anyone have an idea about how to get rid of flickering? I researched on SO, the web, and tried out many different things like putting TickerControl into a double buffered Panel a la Double Buffering when not drawing in OnPaint(): why doesn't it work? etc. besides many other things. It still flickers, not on every repaint, but a couple times per second.

Also, even after removing the "g.Clear(BackColor)" in OnPaint, something must still be clearing the background, as the text continues to scroll readably.

Here the relevant parts of my TickerControl class:

class TickerControl : Control
{
    private static readonly StringFormat stringFormat = new StringFormat(StringFormatFlags.NoWrap);

    private const int padding = 40;
    private const int scrollSleep = 10;
    private const int scrollAdvancePixels = 1;

    private float textWidth;
    private float currentX;

    private static readonly Timer scrollTimer = new Timer();

    public TickerControl()
    {
        this.SetStyle(ControlStyles.UserPaint |
                      ControlStyles.AllPaintingInWmPaint |
                      ControlStyles.OptimizedDoubleBuffer
                      , true);
        scrollTimer.Tick += AdvanceText;
        scrollTimer.Interval = scrollSleep;
        scrollTimer.Enabled = true;
    }

    private void AdvanceText(object sender, EventArgs e)
    {
        if (IsDisposed)
            return;

        currentX -= scrollAdvancePixels;
        if (currentX <= -textWidth)
            currentX = 0;
        Invalidate();
    }

    protected override void OnPaintBackground(PaintEventArgs pevent)
    {
    }

    protected override void OnPaint(PaintEventArgs e)
    {
        Graphics g = e.Graphics;

        g.Clear(BackColor);

        using (SolidBrush brush = new SolidBrush(ForeColor))
        {
            g.DrawString(Text, Font, brush, currentX, 0, stringFormat);
            g.DrawString(Text, Font, brush, currentX + textWidth, 0, stringFormat);
        }
    }

Any ideas?

Update:

As sallushan suggested manual double buffering, let me add that I had tried that before, using the code below. But on screen it looks exactly like the above, so the problem does not seem to lie inside my OnPaint method. I guess it must be somewhere in the setup of my Control.

    private Bitmap backBuffer;

    protected override void OnPaint(PaintEventArgs e)
    {
        if (backBuffer == null)
            backBuffer = new Bitmap(this.ClientSize.Width, this.ClientSize.Height);

        Graphics g = Graphics.FromImage(backBuffer);

        g.Clear(BackColor);

        using (SolidBrush brush = new SolidBrush(ForeColor))
        {
            g.DrawString(Text, Font, brush, currentX, 0, stringFormat);
            g.DrawString(Text, Font, brush, currentX + textWidth, 0, stringFormat);
        }

        g.Dispose();

        e.Graphics.DrawImageUnscaled(backBuffer, 0, 0);
    }

    protected override void OnPaintBackground(PaintEventArgs pevent)
    {
        // Don't call base!
    }

    protected override void OnSizeChanged(EventArgs e)
    {
        if (backBuffer != null)
        {
            backBuffer.Dispose();
            backBuffer = null;
        }
        base.OnSizeChanged(e);
    }