Is it possible? Yes. Is it a good idea? No.
According to our last fire code inspection our office should be daisy chaining power strips instead of using extension cords.
SHOULDN'T?
Like mentioned, you should be OK as long as your draw doesn't exceed what the outlet can provide.
However,
interconnecting these devices is a violation
of Occupational Safety and Health
Administration (OSHA) regulations and
the National Electrical Code because doing
so can cause them to become overloaded,
leading to their failure and a possible fire.
(See the Office of Compliance “Extension
Cords” Fast Facts f or more i nformation)