The colleges actually DO see how many times you took the ACT or SAT just to see how much time you spent on it. If you took it more than two times and still are able to show that you had time to do other things, most likely they will like it. However, just spending your time studying for standardized tests isn't going to be so impressive. I'm from Korea and I took the ACT for the first time on Oct. 23rd. On the other hand, I will be taking my third SAT on Nov. 6th. Still, while preparing for these tests, I also had the time to boost up my EC activities. So, don't worry if you are in the same position as I am. Also, if you are applying early then your December scores will not go. But if you are applying regular, then most probably yes. Good Luck!