It's not possible to select all the nicknames. You can only select one at a time through /sline. 
Yes it is possible.
From the help file
/sline [-a|r] <#channel> <N|nick>Selects or deselects lines in a channel nickname listbox. It can select either the Nth nickname in a listbox, or a specified nickname.
If you do not specify any switches, any existing selections in the listbox are cleared. If you specify the 
-a switch then the specified is selected without affecting the selection states of other lines. If you specify the 
-r switch then the specified item is deselected.
Darkmnm,
alias getnicks {
  if ($active ischan) {
    var %x = $nick($active,0)
    while (%x) {
      sline -a $active %x
      msg $nick($active,%x) Hello $nick($active,%x)
      dec %x
    }
  }
}